RSM’s tax specialists understand the complex business and regulatory environment in which the health sector operates and has a broad understanding of the practical issues which the sector faces.

RSM tailors its tax compliance and advisory approach to help its healthcare clients manage their tax compliance obligations and tax risks. 

In this regard, RSM’s tax specialists have deep technical skills in areas such as:

  • Tax provision assistance
  • Tax compliance outsourcing and co-sourcing
  • Revenue recognition
  • Fixed asset reviews
  • International tax
  • Tax due diligence, modelling and structuring for acquisitions and disposals
  • R&D tax incentives

KEY CONTACTS

 

Paul Heiler
Director - Sydney

T:  +61 2 8226 4500
[email protected]

 

 

What we offer:

                          

Annual tax compliance  
Accounting for income taxes has become increasingly challenging. Many of our clients in the medical, pharmaceutical, biotech and other health industries find the highly complex and time-intensive calculation of the tax provision and ongoing compliance a strain on their limited resources.

Let RSM manage your tax provisioning and corporate tax compliance to ensure your tax obligations are completed on time and to a high standard.

Manage international tax matters  
With cross-border tax activity on the rise for many companies in the health sector, and with the global tax landscape undergoing significant reform, RSM’s tax professionals arrange local country tax assistance through our international network of offices.

We also work in collaboration with our overseas colleagues to manage our clients’ global tax affairs to help achieve their business objectives and tax efficiency in their international operations, investments and supply chain.

For example, with medical and pharmaceutical supply chains now very global, the tax impacts and efficiency are key components of business operations.

As the sixth largest tax, audit and consulting network in the world, our clients benefit from access to skilled professionals who operate in over 120 countries across the globe.

Leverage the Research & Development tax incentive  
The R&D tax incentive is accompanied by a rigorous regulatory regime, characterised in recent years by heightened review activity by the ATO and AusIndustry. Claimants need to focus on thorough eligibility assessment and substantiation of claims. R&D is a major line item for companies in the health sector and certainty of access to government incentives is required.

In addition to supporting our clients with claim compliance and preparation, from start to finish, we assist with reviews and audits associated with R&D Tax Incentive claims.

Our R&D team comprises specialists in industry verticals, such as health, who can speak your language and understand exactly whether the work you are doing qualifies for the R&D tax incentive and if it does, to maximise your entitlement at all times having regard to the prevailing regulatory regime.

Mergers & Acquisitions Tax  
RSM’s tax professionals work with our clients in the health sector to navigate the myriad of tax issues in the complex environment of mergers and acquisitions to help manage compliance risks and potentially enhance returns.

Every day, our tax specialists assist with all manner of transactions, commonly providing services such as buy-side and sell-side support and restructuring advice.

A full suite of financial services at RSM

Partner with RSM for support across a wide range of financial services, backed by our strong reputation and 100-year history.

In addition to our tax compliance and advisory services, you can engage us to assist with:

  • Audit and assurance
  • Risk advisory
  • Business Advisory
  • Restructuring and recovery
  • Financial services for health professionals
  • Corporate financial services

 

 
 

RSM Health Support

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With our finger constantly on the pulse of what’s happening within healthcare, we’re able to offer timely and relevant support that provides assurance in an ever-changing regulatory environment.