Canada - English

Indirect Tax Advisory Services 

Are you managing indirect tax costs properly?

 

Businesses should focus on the accuracy and completeness of the indirect tax amounts collected and reported on returns and in financial statements, and consider the broader impact of indirect taxes on their organizations.

 

Tax managers should be prepared to manage the financial reporting and return submission processes, but they also need visibility and control over the underlying business processes that generate the indirect tax results.

You should look beyond borders to seek advice on domestic, cross-border, and international indirect tax matters. This can allow you to determine whether your transactions are appropriately structured to manage related indirect tax costs.

 

Meeting these challenges

 

It's helpful to step back and review your tax situation. Do you have the resources and knowledge to meet your indirect tax compliance responsibilities, and reduce indirect tax exposures and assessments? Are you managing indirect tax costs properly?

 

Working together with your Indirect Tax advisers, you can address these issues by:

 

  • Structuring major transactions to manage indirect taxes
  • Managing indirect tax opportunities to enhance your cash flow
  • Planning to manage future indirect taxes
  • Preparing tax ruling and interpretation requests
  • Designing and reviewing systems to help ensure indirect taxes are appropriately collected
  • Undertaking indirect tax due diligence
  • Testing billing or point-of-sale systems
  • Managing indirect tax audits and other related issues
  • Educating your tax managers through workshops, seminars, and manuals.

 

Please contact us about how we can help you.

Be first to know

Get the latest information from KPMG.

 Contact

John Bain

John Bain

Partner, Indirect Tax

416-777-3894

Recent Insights

Tax Hub Canada App

KPMG’s free Tax Hub Canada app

 

KPMG’s free Tax Hub Canada app provides timely, convenient tax news straight to your handheld device. Access the app today.