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ARTICLE · 21 AUGUST 1998

Global Tax Minimization

Arthur Andersen
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United StatesAccounting and Audit

What

Global Tax Minimization (GTM) is a proprietary methodology where value is realized by reducing international tax obligations, maximizing cash flow, and potentially leading to a reduction of the effective global tax rate. Examples of taxes addressed include, U.S. and foreign income taxes, value-added taxes (VAT), customs taxes and withholding taxes.

Who

The primary beneficiaries of the GTM methodology are multinational companies with significant international operations.

How

Opportunity Evaluation

Opportunities are identified for an organization to realize reductions in worldwide tax burdens. Key initiatives must support the overall strategic direction of the company. Benefits to the organization are estimated. Data is collected and turned into information.

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