-
Financial administration
An accurate financial administration provides you with the information you need to take the right decisions. The big advantage of a digital financial administration is that it provides insight into your most important financial processes at any time, whether this is the invoices, salary payments or bank changes.
-
Financial insight
You want to take the right decisions, based on trustworthy and clear management information. You want to have access to all your financial data, 24/7, in order to determine your position and be able to adjust where necessary.
-
Global compliance partnering
Outsourced compliance services comprises the total financial compliance of your business, in accounting, financial reporting, payroll, legal and various tax reporting obligations. We can make sure you don’t have to worry.
![New EUDR-obligations for importing products](/contentassets/fe802195d7f84a509954b0bb9a387ef4/man-cutting-wood-in-forest-petrol-chainsaw-2021-11-11-05-33-54-utc_464x422.jpg)
-
Impact House
Building sustainability and social impact. That sounds good. But how do you go about it in the complex world of stakeholders, regulations and frameworks and changing demands from clients and society? How do you deal with important issues such as climate change and biodiversity loss?
-
Business risk services
Minimize risk, maximize predictability, and execution Good insights help you look further ahead and adapt faster. Whether you require outsourced or co-procured internal audit services and expertise to address a specific technology, cyber or regulatory challenge, we provide a turnkey and reliable solution.
-
Corporate finance
Finding a suitable match at the most optimum terms. That, in a nutshell, aptly describes the objective of mergers and acquisitions. To most businesses mergers or acquisitions are not standard daily practice. It is, however, for the professionals at Grant Thornton! Seeking their services will add value instantly.
-
Cyber risk services
What should I be doing first if my data has been kidnapped? Have I taken the right precautions for protecting my data or am I putting too much effort into just one of the risks? And how do I quickly detect intruders on my network? Good questions! We help you to answer these questions.
-
Transaction services
What will the net proceeds be after the sale? How do I optimise the selling price of my business or the price of one of my business activities? How do I capitalise on synergies following an acquisition? Am I not offering too much? These are all good questions when you’re buying or selling a business. It’s a transaction that concerns significant amounts, impacts your future, and therefore must be executed properly. We provide a solid foundation for your decisions.
-
Valuation, investigation & dispute services
Do you require a fact finding investigation to help assess irregularities? Is it necessary to ascertain facts for litigation purposes?
![CSDDD: Uitstel, maar géén afstel ketenverantwoordelijkheid](/globalassets/1.-member-firms/netherlands/afbeeldingen/464x422-photography/2024/green-ideas-in-green-office-2023-11-27-04-51-28-utc_464x422_.jpg)
-
Auditing of annual accounts
You are answerable to others, such as shareholders and other stakeholders, with regard to your financial affairs. Financial information must therefore be reliable. What is more, you want to know how far you are progressing towards achieving your goals and what risks may apply.
-
IFRS services
Financial reporting in accordance with IFRS is a complex matter. Nowadays, an increasing number of international companies are becoming aware of the rules. But how do you apply them in practice?
-
ISAE & SOC Reporting
Our ISAE & SOC Reporting services provide independent and objective reports on the design, implementation and operational effectiveness of controls at service organizations.
-
Pre-audit services
Pre-audit services is all about making the company’s entire financial administration ready for checking before the external accountant begins his/her audit of the annual accounts.
-
SOx law implementation
The SOx legislation dictates that management is structurally accountable for reporting on the internal control relevant to the financial statements.
![GTIL responds to the sustainability standards proposed in Europe](/globalassets/1.-member-firms/netherlands/afbeeldingen/464x422-photography/case-studies/exptert-in-sustainability-464x422.jpg)
-
International corporate tax
The Netherlands’ tax regime is highly dynamic. Rules and the administrative courts raise new challenges in fiscal considerations on a nearly daily basis, both nationally and internationally.
-
VAT advice
VAT is an exceptionally thorny issue, especially in major national and international activities. Filing cross-border returns, registering or making payments requires specialised knowledge. It is crucial to keep that knowledge up-to-date in order to respond to the dynamics of national and international legislation and regulation.
-
Customs
Importing/exporting goods to or from the European Union involves navigating complicated customs formalities. Failure to comply with these requirements usually results in delays. In addition, an excessively high rate of taxation or customs valuation for imports can cost you money.
-
Human Capital Services
Do your employees determine the success and growth of your organisation? And are you in need of specialists which you can ask your Human Resources (HR) related questions? Human Resources (HR) related questions? Our HR specialists will assist you in the areas of personnel and payroll administration, labour law and taxation relating to your personnel. We provide you with high-quality personnel and payroll administration, good HR guidance and the right (international) advice as standard. All this, of course, with a focus on the human dimension.
-
Innovation & grants
Anyone who runs their own business sets themselves apart from the rest. Anyone who dares stick their neck out distinguishes themselves even more. That can be rather lucrative.
-
Tax technology
Driven by tax technology, we help you with your (most important) tax risks. Identify and manage your risks and become in control!
-
Transfer pricing
The increased attention for transfer pricing places greater demands on the internal organisation and on reporting.
-
Sustainable tax
In this rapidly changing world, it is increasingly important to consider environmental impact (in accordance with ESG), instead of limiting considerations to financial incentives. Multinational companies should review and potentially reconsider their tax strategy due to the constantly evolving social standards
-
Pillar Two
On 1 January 2024 the European Union will introduce a new tax law named “Pillar Two”. These new regulations will be applicable to groups with a turnover of more than EUR 750 million.
-
Cryptocurrency and digital assets
In the past decade, the utilization of blockchain and its adoption of a distributed ledger have proven their capacity to revolutionize the financial sector, inspiring numerous initiatives from businesses and entrepreneurs.
-
Streamlined Global Compliance
Large corporations with a presence in multiple jurisdictions face a number of compliance challenges. Not least of these are the varied and complex reporting and compliance requirements imposed by different countries. To overcome these challenges, Grant Thornton provides a solution to streamline the global compliance process by centralizing the delivery approach.
-
Expand into new markets
Do you seek for opportunities in the global business arena? Whether you are about to open a new office in a foreign country or considering an international acquisition, you need certainty of making the right choices for your company. Global expansion isn’t always as simple as it sounds. The good thing is that we’re here to help!
-
Expanding your business in the Netherlands
International expansion is an important step. The Netherlands can be your gateway to Europe for doing business abroad. But why you should choose the Netherlands?
-
Global contacts
Wherever you choose to do business, you want access to people with the best ideas and critical thinking that will enable you to grow your business at home and abroad.
-
Corporate Law
From the general terms and conditions to the legal strategy, these matters need to be watertight. This provides assurance, and therefore peace of mind and room for growth. We will be pro-active and pragmatic in thinking along with you. We always like to look ahead and go the extra mile.
-
Employment Law
Small company or large multinational: in any company your people are of the utmost importance for your business. Employment brings with it many issues in many areas and often has legal consequences. For big strategic, but also for more everyday questions about employment law, our lawyers are ready to help you out. Also for questions about international employment law. Do you have your own HR department? We’ll gladly assist them. We deliver bespoke services and are there when you need us.
-
Sustainable legal
Sustainability is more than a buzzword - it is the core of our legal advice towards sustainable success. From drafting sustainable contracts, integrating sustainable HR policies and ESG due diligence within our M&A practice to advising on ESG and other (national and international) legislation: we prefer to be pragmatic and proactive in helping your business.
-
Maritime sector
How can you continue to be a global leader? The Netherlands depends on innovation. It is our high-quality knowledge which leads the maritime sector to be of world class.
![scenic view giant cargo container ship loading](/globalassets/1.-member-firms/netherlands/afbeeldingen/464x422-photography/2023/scenic-view-giant-cargo-container-ship-loading-ham-2023-05-08-16-56-37-utc_464x422.jpg)
-
Growth in an international network
At Grant Thornton, you will benefit from the expertise and quality of colleagues around the world who will benefit your knowledge, advice and growth.
-
Varied customer portfolio
The customer package at Grant Thornton varies from (large) SME customers to (small) corporate customers. From local customers to customers from the international network of Grant Thornton International Ltd. All this diversity in customers can also be recognized in your customer package.
-
Culture
At Grant Thornton we combine a solid base with a flexible and results-driven mentality.
![ECJ confirms that supplies within the VAT group are disregarded](/globalassets/1.-member-firms/netherlands/afbeeldingen/1440x600/2024/ecj-confirms-that-supplies-within-the-vat-group-are-disregarded-1440x600.jpg)
Increase your understanding of VAT regulations for your business
Our VAT training sessions are tailored to fit your business activities, giving you insights and knowledge. Tailoring the training allows us to address the specific VAT challenges you face, making the learning experience more practical and relevant.
Background
After two recent decisions on VAT groups rendered by the ECJ (in cases C-141/20 Norddeutsche Gesellschaft für Diakonie and C-269/20 Finanzamt T I), some doubts were expressed as to whether in light of those judgments, the transactions carried out between the members of a VAT group were taxable or not. Therefore, the decision in Finanzamt II was awaited with great interest by VAT specialists.
Previous ECJ decisions
The ECJ had been asked to judge whether German legislation relating to VAT groups complied with EU law. The ECJ decided that the German VAT grouping was EU-proof and that the controlling entity could be held liable for VAT payments of the group. However, in Norddeutsche Gesellschaft für Diakonie, C-141/20, the ECJ additionally ruled that the German legislation did not comply with EU law in all aspects and that several aspects of the German VAT grouping rules needed to be changed.
Facts of the cases Finanzamt T I and Finanzamt T II
The group consisted of the university; the foundation controlling the university (S); and company U that provided S with cleaning and other services in respect of the building of the university.
S performed economic activities for VAT purposes (medical treatments) and non-economic activities (teaching).
German tax authorities (GTA) found S and U had to be treated as a VAT group. Services provided by U to S were provided within the VAT group. However, the GTA, at the same time found that cleaning services were subject to VAT. This was because, to some extent, these services were provided “for purposes other than that of the business.”
In so far as those services had been carried out for S’s non-economic activities, the GTA found that they had given rise to a ‘supply of services free of charge, treated as a supply of services for consideration’ under Article 6(2)(b) of the Sixth Directive.
Decision of the ECJ in Finanzamt I case
The ECJ had decided on 1 December 2022 in the Finanzamt I case that a VAT group can be considered a single taxable person provided that this designation does not entail a risk of tax losses. No “deemed supply” or “benefit in kind” was created between the members of the VAT group (as was argued by the German tax authorities). Consequently, no VAT should be charged, when the controlling entity of a VAT group receives services rendered to it by a different entity of the same group.
However, the ECJ did not decide in Finanzamt I, C-269/20 or Norddeutsche Gesellschaft für Diakonie, C-141/20 on the question of whether VAT may apply on supplies between members of the VAT group. Therefore, the referring court found it necessary to refer the matter again to the ECJ.
Questions in Finanzamt T II case (C-184/23)
The German Federal Finance Court referred the following questions to the ECJ:
- Must services provided between members of the VAT group be subject to VAT?
- Must the fact that the recipient of that service cannot deduct input VAT due or paid to be taken into account because such a situation would entail a risk of tax losses?
Main conclusions of the decision
The ECJ ruled that supplies of goods and services between members of a VAT group are not subject to VAT, even if the recipient of the supplies cannot deduct the VAT in full.
Thus, if several persons are recognized as one VAT taxpayer - they cannot be recognized as separate taxpayers. They file one VAT return and are entitled to a single VAT ID number. A VAT group member does not perform an activity that could be classified as a VAT-taxable supply of services for consideration to another group member.
What are the practical consequences?
The ECJ confirms in the Finanzamt II case that supplies made between members of a VAT group are not subject to VAT even if the recipient member of the VAT group cannot fully deduct input VAT. Since the ECJ confirmed the long-standing practice of disregarding activities between VAT group members, the practical consequences of the Finanzamt II case are not expected to be significant.
Every case is different, and its facts and circumstances should be analyzed on a case-by-case basis in light of legislation and ECJ case law. Please contact us if you have any questions or need VAT advice.