Tax
Many of today’s clinical trials are global endeavors with complex tax implications. CFS provides consultation and expertise to help you optimize your foreign tax strategy in every country in which you operate. We partner with both Ernst & Young and PricewaterhouseCoopers to give you insight into foreign tax regulations and help you manage risk around global tax implications.
When you engage our Global Contract Management Services, we help you make the best tax decisions regardless of the country in which your trial is being conducted by:
- Ensuring that trial agreements are structured appropriately to handle local tax regulations
- Reducing your tax liability by identifying the appropriate legal entities who sign the contract
- Identifying which R&D tax credits you can claim
Our Global Payment Management team provides insight into the total cost of your trials around the world and helps you prepare for several tax-related issues. We can:
- Provide VAT tax consultation
- Help you understand and follow the GST rules and regulations to recoup significant tax credits and incentives
- Supply financial documentation to support the recovery of earned income credit
