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 Indirect 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
Recent developments such as expanding global footprints, increasing M&A activity, and regulatory scrutiny – make efficiently managing indirect tax an even more extreme challenge in the consumer markets industry.
Increasingly complex supply and distribution chains, tracking how equipment is used, and knowing where tax incentives can be leveraged are just a few of the indirect-tax related challenges for today's manufacturers. .
As an Oil & Gas executive, we know you are faced with growing complexities at every turn. The list of assets and real estate you must track and manage makes tax determinations extremely difficult.
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.
Steven Fortier Principal, Tax TransformationChicago IL 312-665-1416Email KPMG Strategic Alliances
Stephen JamesPrincipalSilicon Valley+1 408-367-2800Email KPMG Strategic Alliances
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