Phenix Consulting BV is the joint venture company of LiNKiT Consulting GmbH and the KEY Group Beheer BV. We work for some of the world’s biggest businesses in the areas of Taxation, VAT SAP and SAP Tax add-ons.

Phenix Consulting BV does not provide statutory auditing services. As a result, we can be confident that audit independence conflicts will never arise during the course of our work or during future tax audits and we can therefore always continue to defend tax positions taken.

The service will be provided by our core team and supported by our global tax network. This team is led by experienced and highly regarded tax professionals who will be actively involved in all stages of the work we undertake. Our senior team is supported by experienced and motivated professionals with backgrounds as tax lawyers, chartered accountants and IT auditors within the Big4 and industry.

We have the capacity to provide the services you require and sufficient flexibility should that need grow or reduce over time. We are also open to discuss resourcing options, including taking part of the current indirect tax team into our group on a sub-contract or temporary basis if this is helpful.

The team has enormous experience in this type of work having managed migration / on-boarding projects and on-going tax performance advisory services for a number of global businesses. Case studies outlining similar projects could be provided.

Our aim is to help improve a company’s global tax processes (Indirect Tax and Transfer Pricing) in terms of efficiency, accuracy and transparency. We will provide advice on best practice so that the management is optimal and, ultimately, the tax risks inherent within for example the VAT determination and tax reporting processes can be reduced and remediated over time.

Phenix Consulting is a company led by 7 partners and a team of around 30 employees who have strong international business and working experience within SAP and tax area.

Phenix Consulting is a joint venture company of LiNKiT Consulting and the KEY Group. KEY Group is according to contractual terms and conditions the brandname that exclusively and solely operates for the BeNeLux market.

Take aways 

We combine technical knowledge with industry understanding and knowhow of technologically advanced tools and methodologies available in the market or developed by ourselves.

  • Focus on tax processes that could be improved
    • Manual process: same data requests are made by different stakeholders
  • As Is assessment
  • Anticipate future changes and the data needed
    • What are tax trends?
    • What is happening locally and what should be considered across jurisdictions where you operate?
    • Anticipate new stakeholders and their data needs or requests (internal and external)
  • Define scope and actions for short, mid and long term
  • Write business case for change
  • Realize sponsorship for implementation
  • What tax data is requested and by whom?
  • What tax process can be improved and what can be automated?
    • CIT, VAT, tax data warehouse
  • What is the Return on Investment?
    • Hard saving: process improvement
    • Meeting (new) tax requirement
  • What systems are in use: SAP, Oracle, etc
    • By which entities?
  • How many end-use computing tools (e.g. excel spreadsheet) do we have?
  • How do we avoid an ad-hoc solution?
    • Understand the bigger picture
    • Real problem and not the symptom

Technology-related tax risk: understand and address the potential harms and benefits of (new) technology.

Ascertaining proper IT support for ensuring efficient, timely and reliable reporting.

VAT should be considered in every aspect of the process, from concept through completion and beyond. Managing by design — looking at any process or transaction from end to end and factoring in all the requirements and controls essential to designing and optimizing a compliant VAT process.

We speak the language of the business and IT and no translation is needed.