Financial Crime World

Compliance Technology Solutions in Luxembourg: Streamlining Tax and Accounting Excellence

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Challenges in Tax and Accounting Operations in Luxembourg

In today’s fast-changing business landscape, companies in Luxembourg are facing increasingly complex reporting and compliance obligations. To meet these challenges, organizations must leverage technology to “work smarter,” relying on data & analytics solutions designed to consider industry specifics.

Our Objective: Delivering the Best Experience

At PwC, our objective is to offer the best experience by providing a lean approach for process efficiency, tailored operating models that suit business needs, and dedicated teams of tax experts and data analysts to implement chosen solutions.

Going Digital: Unlocking Best-in-Class Services

Many tax functions in Luxembourg still rely heavily on Excel spreadsheets, with highly skilled compliance specialists spending half their time or more on manual data cleansing, aggregation, and manipulation. To overcome these challenges, organizations can:

  • Extract relevant data from multiple sources to obtain a complete and relevant dataset
  • Leverage technology to compile and make data easy to use
  • Focus on tax and accounting compliance monitoring instead of spending time on data manipulation

Our Tax & Accounting Technology Products

Our Tax & Accounting Technology products, such as:

  • TP cost allocation tool
  • GCD TP Documentation Reporter
  • Substance and Governance Tool
  • Data Central
  • FATCA/CRS: AEoI Compliance Solution
  • WHT Operational services
  • DAC 6 Compliance Solution and Compare Tool
  • Accounting use case
  • Corporate Secretary
  • Peppol network for e-invoicing
  • Pillar 2 Modelling & Compliance solutions

can help organizations in Luxembourg streamline their tax and accounting operations.

Optimizing Performance with Technology

By optimizing performance, we can enhance organizational design and make the most of technology. Our team of experts provides guidance derived from real experiences of PwC professionals, viewing solutions through multiple lenses, and turning ideas into results.

Let’s Work Together

Let’s work together to design and execute a tax operations strategy and ‘digital upskilling’ program to help your business make better decisions - through data clarity and real-time business intelligence.

Value Proposition

  • Less manual effort means tasks like accumulating, aggregating, and manipulating data are more efficient
  • Enhanced organisational design and technology utilisation can lead to improved performance
  • Our team provides guidance derived from real experiences of PwC professionals

Expertise

  • We offer a lean approach for process efficiency
  • Dedicated teams of tax experts and data analysts implement chosen solutions
  • Operating models are tailored to suit business needs

Let’s work together to create a more efficient, effective, and successful tax and accounting operation in Luxembourg.