![]() Tax depreciation analytics-applying advanced data analytics to identify tax planning considerations and potential tax risks related to your fixed asset tax depreciation data, analyze your current depreciation process and recommend improvements, and identify potential cash tax savings. We can extract the necessary data from your ERP systems and perform the calculations on our systems, or we can provide skilled personnel to assist you at your location(s) using your in-house technology and solutions. Tax depreciation computation services-assisting you with computation of annual or interim federal and state cost recovery, such as depreciation and gain/loss. ![]() Learn how Deloitte can help lead your efforts to streamline and accelerate your global tax depreciation planning and reporting processes. Calculations of current-year earnings and profits (E&P) tax depreciation and measurements of QBAIĭeloitte's DART team calculates depreciation expense taxes for more than 200 companies and $20 billion in tax fixed assets.Advanced global tax depreciation data analytics and visualization.Forward-looking tax cost recovery and tax basis analysis, and tax planning.Federal, state, and international tax compliance reporting and forms support.Analysis of worldwide fixed asset tax depreciation basis and establishment of required ADS tax books.Our dedicated national team of tax cost recovery specialists uses DART to conduct a global tax depreciation analysis and build the ADS tax book you need for FDII, GILTI, and other international tax rules. Many taxpayers who have not historically maintained a separate ADS tax book now need to create and maintain ADS tax depreciation books for both foreign and domestic companies in order to comply with the GILTI provision and substantiate the FDII deduction.ĭeloitte’s Global Depreciation Study helps you bridge the gap between your current state and the new tax reform reality. Calculating either one requires taxpayers to determine their Qualified Business Asset Investment (QBAI), which must be measured and computed using the alternative depreciation system (ADS) under IRC § 168(g). The law defines two new categories of income: Global Intangible Low-Taxed Income (GILTI) and Foreign Derived Intangible Income (FDII). Tax reform brings a new focus on global tax depreciation methods, computations, and basis maintenance-and a new level of complexity to tax compliance and planning for US companies. The tax reform imperative: Global Depreciation Study
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