Sales and Use Tax Compliance
Better management of your indirect tax compliance obligations is a necessity.
Smart strategies for indirect tax management
Many organizations are rethinking the way they manage their tax processes and controls to keep up with changes in tax legislation and accounting standards. This is a smart move, as the potential for errors on complex tax returns are considerable and the penalties substantial.
There also may be an additional risk that too much time may be focused on compliance at the expense of higher-value activities such as tax planning and risk management.
One useful approach is to co-source the indirect tax compliance function. Co-sourcing:
- Provides a cost-effective, versatile and adaptable approach that enables organizations to pay only for the services they need and not for headcount or overheads.
- Frees up in-house resources to focus on core tax functions and long-term strategic business initiatives.
KPMG offers a full suite of technology enabled indirect tax compliance services to help organizations meet indirect tax reporting and filing obligations:
- Value-added tax
- Motor fuels/excise tax
- Unclaimed Property
- Property Tax
- Severance Tax
- Business license services
Based in two central locations, Chicago and Atlanta, our indirect tax National Compliance Centers are designed to offer a practical, reliable and high-quality approach to fulfilling your organization’s compliance obligations.
Contact us to find out more about how we can help you with a smarter strategy toward indirect tax management.
