CC14GMS

0
The landscapeThe landscape
of tax is
changing …
are youy
ready?
KPMG GLOBAL COOMPENSATION COLLECTION SERVICES 2014

11
 Do you have assign
resident or tax equ
country?
A i Are your assignees
country social secu
 Are you increasing
short-term or comm
to foster global mo
 Are you facing cha
compensation data
and/or stakeholdeand/or stakeholde
 Are your assignees
employer complian
and individual tax
© 2014 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and a member firm of
with KPMG International Cooperative, a Swiss entity. All rights reserved.
The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG Inte
nees remaining tax
ualised in their home
i i i hs remaining in home
urity systems?
gly relying on
muter assignmentsg
obility?
llenges in collecting
a from multiple sources
rs?rs?
s in locations where
nce obligations are final
returns are not required?
the KPMG network of independent member firms affiliated
ernational Cooperative (KPMG International).

2
If so, now is
your global
collection pcollection p
a
ta
adv
TecTec
impl
sharp
are deliv
on a ti
The days
are numbe
and the rea
reporting pr
Real-time
th UK PAthe UK PA
US IRS commissiUS IRS commissi
from the tradition
Leading revenue raising
strategic goals:
 Single capture of core d
 Common secure electr
 Digitalisation of all trans
 Fully pre-filled tax retury p
© 2014 KPMG LLP, a UK limited liability partnership, is a sub
The KPMG name, logo and “cutting through
2
s the time to focus on
compensation
processesprocesses.
Cash strapped governments need to raise revenues and
are challenging tax authorities around the world to collect
ax in real-time. Tax authorities are capitalising on
vancements in technology to realise this vision.
chnology is driving a clear trend towards thechnology is driving a clear trend towards the
ementation of real-time data collection, bringing into
er focus organisations that are unable to report
vered.
mely basis after compensation or non-cash benefits
s of reporting at year-end or via the tax return
ered. Real-time reporting, real-time withholdingp g, g
al-time payment will demand changes in global
rocesses.
information (RTI) is the biggest change to
AYE t i it i t d ti i 1944AYE system since its introduction in 1944.
ioner outlines a vision to move the agency awayioner outlines a vision to move the agency away
nal ‘look back’ model of compliance.
agencies in OECD countries have common
data
onic identifiers
sactions
ns in real-time to improve compliancep p
bsidiary of KPMG Europe LLP and a member firm of the KPMG network of independent member firms affiliated
h complexity” are registered trademarks or trademarks of KPMG International Cooperative (KPMG International).

33
Focus on c
and risk...
cost

4
If so, no
your
co
Driving cost efficiency is the expectatio
 Know how much the global mobility pro
management policy selection and the cmanagement, policy selection and the c
 Use management information to identify s
 Have visibility and manage exception reque
 Reconcile actual costs against accrued budg
 Collate Remuneration Committee data;
 Focus on ‘cheaper’ assignment packages leadin Focus on cheaper assignment packages leadin
S i A ti Offi i t d l b lSenior Accounting Officer requirements and global eq
 Advancements in technology mean tax authorities are m
being correctly reported on a timely basis.
higher on the boardroom agenda:
 Social security compliance complexities (particularly in the
 Internal audits are focusing on employee and International A
Pro-actively add
tax authority treny
strategic busines
ow is the time to focus on
4
r global compensation
ollection processes.
on of all boardrooms. Businesses need to:
ogram costs in order to make strategic decisions on talent
composition of assignment packages;composition of assignment packages;
savings;
ests;
ets;
ng to more complex data collection requirementsng to more complex data collection requirements.
i l t th t i i k i lquivalents means that managing risk is also
ore readily able to identify if compensation is
UK) is an area of tax authority audit interest.
Assignee processes.
ressing global
nds will supportpp
ss priorities.

55
E /Expenses/
Concur
E
AssigneeAssignee
demographic datademographic data
AA
Redu
procproc
real-
payr
Equity Payroll Gross up
KPMG Com
tools and se
KPMG Expense Analyser
Quality review and consolidationQuality review and consolidation
Host PayrollHost PayrollHome Payroll instructionsHome Payroll instructions
Home Payroll
instructions
AccurateAccurate
uces the risk of manual
cesses and provides
FlexibleFlexible
Configured to company
cesses and provides
-time cross border
oll instructions
specific data sets and tax
and social security positions

6
How can
Thi d t
Tax
Third-party
benefits
AMEX flights
mpensation Collection
ervices
Tax and socialTax and social
security positionssecurity positions
instructionsinstructions
CompliantCompliant
Based on agreed tax and
 social security reporting
positions configured
 © 2014 KPMG LLP, a UK limited liability partnership, is a sub
66
n KPMG assist?
KPMG’s global compensation collection services
and our suite of technology solutions can help
transform the way your business manages the
global compensation collection process ensuring
that compliance obligations are being met on a
real-time basis around the world. With consistent
compliance controls and management information
for your global assignee population you can be onfor your global assignee population, you can be on
the front foot to meet real-time tax authority
trends, supporting strategic business priorities
whilst reducing the time and risk involved in
administering global mobility programs.
KPMG’s team of dedicated compensation
collection professionals is as diverse as the areas
that global compensation touches with an
experienced network of professionals fromexperienced network of professionals from
expatriate and employment tax, payroll advisory,
technology, data analytics, finance and
accounting.
KPMG is therefore able to offer an integrated,
centrally managed global compliance process
which supports the end-to-end management of
the global compensation collection process from
i i i l d ll i d l i dinitial data collection, data cleansing, data
validation, data analysis, application of consistent
tax and social security positions to the provision
of clear payroll instruction outputs on a monthly,
quarterly or year-end basis.

7
COMPE
COLL
CY
Produce your home and host
country payroll monthly,
Contact us to arrange an initial meeting to discuss how
compensation collection cycle
CYcountry payroll monthly,
quarterly, year-end
instructions
Apply globally agreed tax
and social security
Apply assignee tax &
social security
positions
Track each data
Maintain a repository of
compensation data, one
source for all costs
and social security
positions
Critically review
the data quality
Track each data
source and establish
robust audit trails
Contact us
Marc Burrows
Global Mobility Services
Partner
T: +44 (0)20 7694 5930
E: marc.burrows@kpmg.co.uk
Beth Thomas
Global Mobility Services Compensation
Senior Manager
T: +44 (0) 20 7311 2354
E: bethan.thomas@kpmg.co.uk
David Holloway
Global Mobility Services Compensation
Manager
T: +44 (0) 20 7694 2213
E: david.holloway@kpmg.co.uk
www.kpmg.co.uk
ENSATION
LECTION
YCLE
Educate your stakeholders on the
importance of the process
KPMG can assist in any or every step of global
YCLE importance of the process
Establish your data sources
and how frequently data
can be collected
Agree tax reporting
period, and policy
around early cut-offs for
data collection
purposes
Establish a secure online
shared service site
Gather your data (viaGather your data (via
templates, interfaces or source
files)Validate that data has
been received from all
sources

8
NNN
N
8
Next stepsNext steps

11
independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.
International).
Produced by Create Graphics | Document number CRT024177
the KPMG network of
ernational Cooperative (KPMG

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