Expert Guides Tax - ITR 2020

NORTH AMERICA REGIONAL PROFILE
U N I T E D S TAT E S
Deloitte United States
Regional Profile
Deloitte Tax LLP
30 Rockefeller Plaza, New York, NY 10112
Tel: (212) 492-4000
Twitter: @DeloitteTax
Website: Deloitte.com/tax
Offices: 130 (Deloitte US)
Number of professionals: 12,452
Deloitte Tax LLP provides industry-leading tax services to many of
the world’s most admired brands delivering measurable and lasting
results by reimaging how these clients navigate the increasing
change and complexity in the tax profession. Specifically, Deloitte
Tax provides tax preparation and advisory services, including counsel
related to business tax services, international tax, transfer pricing,
indirect tax, multistate tax, tax management consulting, global
employer services, mergers and acquisitions, research and development
and government incentives and private wealth.
Led by Chairman and Chief Executive Officer Steve Kimble, Deloitte
Tax LLP is one of Deloitte LLP’s five businesses and representing
nearly 17 percent of the Deloitte US Firm’s US$21.9 billion in
revenue. Deloitte Tax is leading clients through the tax transformation
taking place in the marketplace and providing a broad range of
fully integrated tax services that deliver insight, innovation, and
deep business and industry knowledge.
In fiscal year 2019, the tax industry saw radical and emerging
global tax transformation – including the digitization of reporting,
an evolving policy landscape, and increasing transparency expectations
for multinational businesses. This growth contributed to Deloitte
Tax’s continued revenue increase.
Deloitte Tax LLP is a leader in the professional services industry
for its investment in and leverage of technology and processes to enable
superior client service. In 2018, Deloitte Tax made the decision
to increase the investment and pace of its digital transformation
strategy, giving name to the initiative in early 2019: Tax in 2020. Tax
in 2020 is a three-year plan anchored by an unprecedented investment
in building a seamless global tax experience for the firm’s
clients that helps them reimagine how to navigate the increasing
change and complexity in the tax profession. Through Tax in 2020,
Deloitte Tax has doubled its investment in innovation and deepened
the firm’s commitment to evolve with its clients, while anticipating
the next generation of solutions and capabilities to meet the everchanging
set of challenges faced by companies. More broadly across
the practice, Deloitte Tax is focused on three key areas: technology
innovation, which leverages leading edge digital capabilities and
cloud-based solutions to create and enhanced experience for clients;
an integrated global platform, which automates many aspects of tax
compliance; and, transforming operating models to create efficiency
improvements, cost savings and increased business value.
Deloitte Tax recognizes that one of the biggest challenges and
greatest opportunities for a multinational company today is addressing
local and foreign taxes in a way that substantively aligns with its
overall business objectives and operations.
• International Tax Services: Providing tax resources where needed,
unhindered by geographic or organizational barriers, to help companies
address their U.S. outbound and inbound tax issues, including
exploring considerations to reduce their global tax burden.
• Transfer Pricing: Assisting companies that operate in an environment
of unprecedented tax complexity coupled with a rising volume
and variety of intercompany cross-border transactions and
enforcement activities worldwide. Deloitte Tax transfer pricing
specialists can help companies address their tax compliance risks
by aligning practical transfer pricing approaches with their overall
global business operations and objectives.
• Indirect Tax: Deloitte Tax professionals advise companies on a
wide range of indirect taxes, including value-added tax
(VAT)/goods and services tax (GST), sales and use tax, customs
duties, excise duties, insurance premium tax, and more. Their experience
and knowledge covers the areas of tax compliance and
reporting, dispute resolution, tax consultancy and potential opportunity
identification, and assistance with process implementation.
• Global Tax Compliance Services: Assisting organizations to develop
new approaches to global tax compliance and reporting
that enable them to elevate the role of the tax department and
the value it adds to their businesses. Deloitte Tax professionals
work with companies to evaluate operating models that leverage
Deloitte’s tax technical, technology, data management, and process
knowledge to help organizations access insights to support
smart decisions while containing costs.
Our key service offerings
Business tax services, international tax, transfer pricing, indirect tax,
multistate tax, tax management consulting, global employer services,
mergers and acquisitions, research and development and government
incentives and private wealth.
Awards:
Deloitte Tax has received numerous honors and recognition over the
past few years, continuing to demonstrate the depth of Deloitte’s experience
and skills across the Americas region. Recent awards include:
• International Tax Review, Americas Tax Technology Firm of the
Year (2018, 2019)
• International Tax Review, North America Transfer Pricing Firm of
the Year (2017, 2018, 2019)
• International Tax Review, Americas Transfer Pricing Firm of the
Year (2019)
88 EXPERTGUIDES TAX