Active and passive income tax optimization studies

Q: When should a Tax optimization study of active and passive income be carried out?

The Fiscal Optimization study is performed at the end of the year before the annual closing . We recommend that the study be performed annually. We have been carrying out an annual Tax Optimization study of active and passive income for each of the 400 clients we manage, in addition to carrying it out also for the occasional clients who contract our services. We suggest doing a pre-closing that allows us to extract the client’s active and passive income and, in the second phase prior to closing, apply the tax optimization strategies that will allow the client to comply with its obligations.

Q: Is the study of tax optimization of active and passive income a legal practice?

The Tax Optimization study is based on the tax regulations of the countries where the client operates as well as the existence of Double Taxation Agreements which, being above the local tax law, allow the legal execution of optimization strategies.

At UR Global we provide consulting and business management services as experts in international taxation. We work in several countries: Spain, Mexico, Colombia, Ecuador, Peru, Brazil and Chile. Therefore, we help you to carry out Tax Optimization Studies of active and passive income in an optimal and reliable way due to the years of experience of our staff.

What is a tax optimization study of active and passive income?

A “Tax optimization study of active and passive income” is the study of the tax regulations and obligations in one or more countries in order to comply with them in an optimal way. To this end, it is necessary to develop a analysis of active income (all income obtained in the exercise of a commercial, business, professional or labor activity in which the person who obtains it is actively involved). and passive (the income a taxpayer receives from leases or interest payments from financial institutions) from the entity during a given period and a sound knowledge of local and international tax regulations.

From UR Global, we will analyze all your income, both active and passive, as experts in international taxation in a consultancy for companies for a perfect tax optimization. We have years of experience in the sector and we will help you solve your problems.

Tax optimization study of active and passive income carried out by UR Global.

At UR Global we offer the Tax Optimization service on an annual basis to each of the 400 clients we manage, in addition to many companies that hire us for specific international tax optimization services. We provide consulting services to companies to optimize compliance with tax obligations.

Since our foundation in 2002, we have been dedicated to studying and analyzing the tax and fiscal regulations of the seven countries where we operate with our own team and offices (Spain, Mexico, Portugal, Brazil, Colombia, Ecuador, Chile and Peru). From there we help our clients in the processes of tax optimization of their companies based on the Double Taxation Agreements (DTA) that the countries have. This continuous work for so many years and with the experience of clients from different sectors has allowed us to become specialists in international taxation and to have a unique tax knowledge of the region to optimize their active and passive income for tax purposes, ideally in business consulting.

Our staff, fully specialized in the international taxation of Spanish companies in Latin America, is attentive to the new local tax regulations of each country and to the updates of treaties and Double Taxation Agreements for an adequate tax optimization.

How is the process of carrying out a tax optimization study of active and passive income?

Agility

At UR Global we work with great agility for the resolution of these consultations because we know well the best options for the fiscal optimization of the company that operates in several countries. Thanks to the knowledge of the local regulations, the review of the CDI, carried out by our team of experts in international taxation, we provide a quick solution which we follow up through our consulting services for companies.

Reply

The client, therefore, receives an answer as to under what concept he should invoice and from which country, supported on the basis of local and international legality, and backed up by the performance of Transfer Pricing Studies that support the operations.

Frequently Asked Questions

When should a Tax optimization study of active and passive income be carried out?

The Fiscal Optimization study is performed at the end of the year before the annual closing. We recommend that the study be performed annually. We have been carrying out an annual Tax Optimization study of active and passive income for each of the 400 clients we manage, in addition to carrying it out also for the occasional clients who contract our services.

We suggest doing a pre-closing that allows us to extract the client’s active and passive income and, in the second phase prior to closing, apply the tax optimization strategies that will allow the client to comply with its obligations.

Is the study of tax optimization of active and passive income a legal practice?

The Tax Optimization study is based on the tax regulations of the countries where the client operates as well as the existence of Double Taxation Agreements which, being above the local tax law, allow the legal execution of optimization strategies.

Why am I interested in carrying out a tax optimization study of active and passive income?

Carrying out this study of tax optimization of active and passive income and applying the suggestions offered by UR Global and our experts in international taxation, allows you to optimize the tax expenditure that the company would have at the end of the year.