Value Added Tax

Being the first EU-wide harmonized tax, value added tax (VAT) has become a day-to-day topic for most businesses. As such, it is also the main source of income for many tax authorities throughout Europe.

Being regulated by very strict and detailed formalities, VAT can be a financial risk for every entrepreneur. An entrepreneur can be anyone, either individuals or companies. The only requirement is that there is sustainable activity to generate income from a self-employed activity. VAT is also increasingly a risk for cross-border situations, as the implementation of the EU-VAT Directive differs per country. In order to mitigate such risk, it is essential to arrange for proper documentation, analysis and practical internal guidelines with respect to VAT.

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Your contact person
Stefan Heinrichshofen

Family father and soccer fan.

Qualification as attorney-at-law, tax lawyer and tax consultant. He began his career in 1993 at Haarmann Hemmelrath & Partner and was later a partner at Nörr, Stiefenhofer & Lutz. He joined Peters, Schönberger & Partner in 2012.
Partner.

Dr. Patrick Burghardt

Family father and hi-fi enthusiast.

Qualification als tax consultant. He started his career in the area of tax consultancy in a medium-sized law firm and switched in 2010 to the tax department of KPMG Düsseldorf, where he worked as a senior manager. He joined Peters, Schönberger & Partner in 2017.
Partner.

Janneke Speetjens

Hobby pianist and field hockey player.

Qualification as attorney-at-law and tax consultant. She started her career in 2009 at NautaDutilh in Amsterdam, the Netherlands, where she worked as a Dutch qualified tax lawyer until 2015 (of which approx. 1 year in the New York office). She moved to Germany and joined Peters, Schönberger & Partner in 2016.
Associated partner.

Benedikt Wiedmann, LL.M.

Hiker and travel fan.

Qualification as tax consultant and consultant for international tax law. He started his career at Ernst & Young (most recently as a manager there) and subsequently switched to the tax department of a worldwide automotive supplier. He joined Peters, Schönberger & Partner in 2018.
Associated partner.

Our consulting services:

We can assist you on a national and international level – inbound and outbound – especially with the following services in the area of VAT:

  • International tax planning (outbound & inbound)
  • Conceptual tax planning and tax optimization
  • Optimization and safeguarding of cross-border business activities
  • Value added tax consulting and preparation of value added tax expert opinions
  • Optimization of service- and supply-relationships (e.g. in the case of subsequent transactions with multiple supplies) and improvement of group structures from a turnover tax perspective (e.g. fiscal unity and holding structures)
  • Assessment of international supply chains under VAT and customs law aspects
  • Elaboration and optimization of tax clauses in contracts and general terms of business
  • Performing incoming invoice audits, VAT checks and in-house seminars
  • Obtaining binding rulings
  • Support during special VAT audits, VAT inspection and tax audits
  • Enforcement of claims against the tax office within the framework of appeal and action proceedings before both the tax courts and the Federal Fiscal Court, as well as assistance in legal cases before the European Court of Justice, the initiation of infringement proceedings and defence in VAT cases
  • Value added tax process consulting and optimization
  • Design and implementation of a VAT risk management system
  • Preparation of VAT assessments and applications for the input tax refund-procedure
  • Audits of the regularity of e-invoicing processes
  • Audits of the regularity of electronic archiving procedures
  • Implementation of electronic invoice exchange and support for IT-related processes (to learn more about our consulting services with interface to IT/digitalization, please refer to here)

Why PSP? A strong and global team!

PSP has many years of experience in the field of national and European VAT. Our VAT professionals will assist you and/or your trusted adviser in your country of residency in deciding on the accurate VAT treatment of your international transactions, both from a national German as well as from an EU perspective.

Our consulting approach takes into account the individuality of your company and focuses on limiting your turnover tax risks and identifying the best and most recommendable VAT structure for your company. If support is needed in several countries, we can involve partners with international expertise with whom we regularly cooperate in a cost effective, strategic manner.