... private businesses with indirect tax support ... environment is critical to the success and longevity of your busine
Private Company Insights
Indirect Tax Services Helping private businesses with indirect tax support
As a Canadian private company, looking to save costs in an ever-changing economic environment is critical to the success and longevity of your business. Addressing indirect tax issues on a daily basis and managing operations in a way that will minimize tax exposure is critical to making that happen. Are you constantly on the lookout to find efficient ways to reduce costs and increase profits? One area that is often overlooked — and an area that can yield significant free cash — is indirect tax. We can work with you to identify risk areas and sustainable planning opportunities that can work for your private business and help you achieve your goals.
We can help you in the areas of: • Indirect Tax Advisory • Tax Performance Advisory • Compliance • Global Trade • Indirect Tax Recovery
Advisory Services We’re a recognized Canadian leader in the delivery of indirect tax advisory services. We can help you develop effective processes that can enable you to plan and implement transactions effectively, and improve day-to-day management of a variety of federal and provincial indirect taxes, including GST/HST, Quebec sales tax, provincial sales taxes, customs and excise duties, insurance premium taxes and fuel taxes. We can assist in the management of audit challenges to help you define processes that meet the needs of your unique business.
Tax Performance Advisory Our Tax Performance Advisory services offer an end-to-end review of business processes, bringing the technology skills, management knowledge and indirect tax experience necessary to discover ways to automate processes, enhance the usability and re-usability of data and operationalize performance improvements.
Compliance Compliance and reporting place huge demands on your tax and finance functions with the increasingly high requirements requested by the Canadian tax authorities. Our integrated compliance process involves a dedicated team of professionals who can assist you in the preparation and filing function of various Canadian indirect tax returns.
Global Trade We have extensive experience serving private organizations on matters involving customs, cross‑border import taxes, import-export controls and sanctions, and trade remedy laws in terms of advice and planning, as well as dispute resolution with authorities. We`re subject matter professionals in customs valuation, origin (including free trade agreements such as NAFTA or CETA), tariff classification, import and export controls and other government department import requirements, anti‑dumping and countervailing matters and special programs such as duty deferral, duty and tax remission and bonded warehouse regimes. We can help you with all aspects of planning and compliance, as well as duty and import tax recovery on a fee or contingent basis.
Indirect Tax Recovery Our dedicated national indirect tax recovery practice works with organizations to identify and recover unclaimed and overpaid indirect taxes, identify exposure issues and offer support that can result in immediate cash recovery and process improvement. In addition, if you import goods and/or services into Canada, our team can provide you with customs duty and import tax recovery services.
Couzin Taylor LLP EY is allied in Canada with Couzin Taylor LLP, a national firm of Canadian tax lawyers who provide tax litigation and tax counsel assistance to companies, tax planners and tax transaction advisors. Couzin Taylor has deep experience in indirect tax services and is an available resource to all EY’s clients and professionals.
EY | Assurance | Tax | Transactions | Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. © 2014 Ernst & Young LLP. All Rights Reserved. A member firm of Ernst & Young Global Limited. 1365037 EDNone This publication contains information in summary form, current as of the date of publication, and is intended for general guidance only. It should not be regarded as comprehensive or a substitute for professional advice. Before taking any particular course of action, contact Ernst & Young or another professional advisor to discuss these matters in the context of your particular circumstances. We accept no responsibility for any loss or damage occasioned by your reliance on information contained in this publication.
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We can help For more information on how our Indirect Tax team can help your private business reduce costs and increase profits, visit us at ey.com/ca/IndirectTax or
[email protected].
