Maximizing indirect tax refunds
Claiming all available credits, rebates, and refunds to minimize the cost of indirect taxes is a fundamental objective of most finance, tax, and accounting departments. However, in an ever-changing indirect tax environment, this can be extremely challenging. Factors such as rapid growth, employee turnover, centralization of tax and accounting functions, limited training and implementation of new financial systems can all result in knowledge and resource gaps, allowing even more dollars to slip through the cracks.
We address these factors by working with clients to identify cash recoveries and provide recommendations on process improvements. Our Indirect Tax Recovery Review is a comprehensive, contingency-fee engagement, designed to maximize refunds related to GST/HST, PST, QST, workers’ compensation, employer health tax, property tax, luxury tax, and customs duties. Using automated data analysis tools and our experienced professionals there will be minimal disruption as our team completes all of the legwork to secure refunds. We continue to support clients once the review is complete, should there be any questions or queries from the organization or tax authorities.
Our recovery review not only provides organizations with additional funds to reinvest into your priorities, but our recommendations will help address knowledge and resource gaps. This improves future cash flow and enhances visibility into indirect tax processes.
BDO builds long-term relationships with our clients and scale services to match their changing needs. We are dedicated and committed to finding solutions so clients can focus on their most pressing issues.
Our Indirect Tax services support the stage your business is in
Comply with the ever-increasing complexity of accounting, tax, and regulatory reporting requirements on an ongoing basis.
Comply with regulationsMaximize efficiency and performance of existing systems, processes, and people for greater financial growth.
Perform, assess & optimize