Deloitte & Touche LLP   Deloitte & Touche LLP
 
Indirect Tax Recovery
Our technology and expertise drive process and bottom line improvements

Sales taxes invade almost every facet of an organization’s business. Few goods and services escape taxation, whether the Goods and Services Tax, Harmonized Sales Taxes, or provincial sales taxes. Although measurable, the tax burden on a corporation is often not quantified and the potential for overpayment is great.

The issues
Commodity tax legislation and its governing policy are ever-changing and highly complex. You can minimize its effect on your organization by attentively considering:

  • exempt or taxable status
  • provincial and national cross border strategies
  • taxation jurisdictions and regional compliance
  • availability of tax credits or rebates
  • tax rulings and court decisions

Your challenges
Many companies are faced with more and more questions relating to the interpretation and application of tax regulations to their business. The challenges you face include:

  • a complex, changing tax system
  • management of large volumes of transactions
  • changes or upgrades to accounting systems
  • misinterpretation and misinformation
  • multiple jurisdictions

The Deloitte solution
The sales tax recovery specialists at Deloitte deal with these challenges on a daily basis. Our solution includes the following:

  • strategic planning to identify your organization’s needs
  • use of proprietary tools and electronic software to analyze each individual transaction
  • leading edge interpretation of current and evolving tax issues
  • customized results, exposure identification and benchmark standards
  • leveraging Deloitte’s experience from government, public practice and industry
  • tax payment verification independent of traditional corporate audits

The Deloitte advantage
Deloitte is truly unique in offering a full range of services and solutions.

Our dedicated and specialized team consists of not only tax professionals, but also lawyers, government auditors, accounts payable and Workers' Compensation Specialists, former customs brokers and controllers from a wide range of industries. Each specializes in helping companies manage areas of complex domestic and international transactions and has the experience to comprehensively investigate all applicable issues.

This approach, combined with the latest in technology tools and the backing of our multi-disciplinary Deloitte global network, provides full support to our valued clients wherever they do business.

 
The Deloitte process

Phase 1: Review

  • strategic planning
  • data retrieval
  • on-site work

Phase 2: Follow-up

  • claim submission and approval
  • recovery report presentation
  • exposure report presentation
  • client staff seminars
  • scheduling next review

Phase 3: Support

  • hotline support
  • management reporting
  • staff training
Contact us for more information about this topic.
 
Source: Deloitte & Touche LLP - Canada (English)
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Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 7,700 people in 57 offices. Deloitte operates in Québec as Samson Bélair/Deloitte & Touche s.e.n.c.r.l. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu.

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