Increasing globalisation means that many companies need to extend their reach while limiting costs and headcount. At the same time, regulatory and tax authorities, and consequently Boards of Directors, are applying much closer scrutiny to a company’s tax processes and controls. Companies have to respond to these challenges and outsourcing or co-sourcing a business process can offer an attractive solution. New, tough, wide-ranging regulations forces companies to pay even closer attention to compliance with local country tax laws.
Outsourcing or co-sourcing the tax compliance function can help tax departments free up valuable time to focus on core tax planning and business support and provide assistance in business processes mainly in the field of compliance formalities. How we can help you:
KPMG in Cyprus offers the following global tax outsourcing services:
- Corporate tax compliance
- Assistance with accounting, bookkeeping, statutory accounts preparation and payroll tax functions
- Assistance with Tax Provision Computations
- Advice on tax planning opportunities
- Assistance with tax authority audits