Budget pressures are driving state and local governments to audit U.S. companies more aggressively, including areas related to non-income taxes. These may include franchise taxes, sales and use taxes, property taxes, VAT and GST. If your company needs guidance in those areas, Jefferson Wells can assist you in devising the right sales and use tax reserve strategy to help you streamline costs, enhance process review and improve systems implementations. Our experienced tax professionals will partner with your internal tax team where and when you need them. You can choose from a full range of indirect tax services —the same services offered by national accounting firms. When you need indirect tax help — that’s when you need Jefferson Wells.
Most European states operate Value Added Tax (VAT) systems requiring suppliers to add a tax charge to a wide range of the goods or services your business buys in Europe. VAT can be up to 25 percent of the cost incurred and cover costs as diverse as...
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You may be able to substantially reduce your overall costs of doing business in Europe by recovering European Value Added Tax (VAT). If you have been applying VAT as a cost, recovering it, instead, can seem like a windfall profit. The VAT recovery process, however, can be extremely challenging, drawn-out, highly bureaucratic and...
Segregating certain asset classes can yield tax benefits. Cost segregation analysis is a process in which certain building costs and land improvements, traditionally depreciated over 27.5 or 39 years, are reallocated to...
Nearly every business transaction produces a tax consequence. And when transactions cross borders, consequences and planning alternatives multiply.
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