Businesses the world over struggle to accurately identify, calculate and report indirect taxes on sales transactions – sales tax, value added tax (VAT), and/or goods and services tax (GST). With rates that can rise to 25 percent or more, the potential exposure is high. To meet these challenges, many organizations turn to an automated “tax engine” for help with their indirect tax compliance function – and a trusted advisor who can help implement it.
KPMG’s Transaction Tax Systems practice coupled with Thomson Reuters ONESOURCE Indirect Tax management solutions provide a combination of software and services that can help companies meet their tax performance and scalability requirements. Working with ONESOURCE, KPMG can help companies improve the management of their global indirect tax compliance requirements and reliably report these taxes in the U.S. and also across global jurisdictions.
For more information, about Thomson Reuters go to www.thomsonreuters.com
KPMG LLP and Thomson Reuters provide a complete set of
services and technology that can help clients reduce the costs
and risks of error in managing indirect tax
As a recognized leader in the Power & Utilities industry,
KPMG provides a powerful combination of industry knowledge,
tax technology, and ERP integration experience that can help
you reduce tax liability and compliance costs.
Recent developments within the Financial Services industry –
such as increasing global footprints, restructuring and
consolidation, and increased regulatory scrutiny – make
accurately managing use tax even more critical…and complex.
KPMG complies with the auditor independence rules of the AICPA, SEC, PCAOB and DOL. As a result, certain alliance-based solutions cannot be offered by KPMG to our audit clients. KPMG audit clients should check with their respective lead audit partner for more information.
Stephen JamesPrincipalSilicon Valley+1 408-367-2800Email KPMG Strategic Alliances
KPMG is a Premier Sponsor of Thomson Reuters Synergy User Conference 2013
Webcast:Global Next – The future for SAP and tax engines
Watch Webcast Replay>
KPMG-Thomson Reuters Indirect Tax in the Oil & Gas Industry
KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.