Cash Tax Planning
We can help our clients explore tax opportunities by assisting them in analyzing the specific facts of their business operations on a global basis, identifying various tax regulations and realizing the potential benefits.
Accounting methods and inventory – Advising on the application of tax rules and regulations related to income and expense recognition. Primary areas include: capital assets, revenue recognition and inventory among other items.
Research incentives – Identifying tax incentives associated with a company's qualifying research activities, including national and regional credits and enhanced deductions for research expenses.
Flow-through – Where required, we offer tax advice related to partnerships, joint ventures and other tax flow through legal entities.
Capital assets and incentives – Our technological capabilities help to streamline fixed asset analysis and identify tax deductions.
Our tax planning offerings can help clients improve cash tax flow, create refund opportunities where appropriate, and help plan for cash tax and effective tax rates in future years. By helping streamline our clients’ tax compliance on the local and global levels, we use our experience and our technology tools to help develop an efficient and effective approach to making claims in a manner acceptable to tax authorities.
It’s how Ernst & Young makes a difference.
