Indirect taxes can be daunting for companies of all sizes. And they can become even more challenging when doing business across multiple jurisdictions or when facing changing regulations. Proper compliance and accuracy is vital to avoid assessments and overpayment risk.
Companies may have limited tax and IT resources to manage these increasingly complex calculations and changing reporting obligations, both domestic and foreign. Additionally, this complexity can often obscure leadership's visibility into indirect tax data.
Here's where KPMG's OnDemand Indirect Tax Service can help companies meet these challenging demands.
OnDemand Indirect Tax Service is a managed service that can help companies build their tax technologies from the ground up or support existing tax and systems resources. It tailors people, processes, and technology to enable effective tax profile management, while mitigating risk through comprehensive review, edit, and documentation of tax policies and processes. OnDemand Indirect Tax Service can benefit companies in all stages of tax engine ownership including assisting with tax-engine vendor selection, providing a software license, or supporting existing tax engines.
Potential benefits for your company
KPMG's OnDemand Indirect Tax Service will support companies' existing tax and systems resources or build new tax technology systems to provide:
The KPMG team
Our team is experience not only in indirect tax but also in technology. We manage the process in it's entirety, leaving the company able to concentrate on more strategic initiatives. And we continue to provide support beyond the implementation of a tax system, including 24 x 7, 365 day-a-year customer support. Our tax technology professionals can: