EY Digital Surplus
Customizable solutions for surplus calculations. Extraction and streamlining of data with detailed calculations and comprehensive reporting.
Surplus computations – the why
CRA is increasing its international audits. Dividends from foreign affiliates and surplus are now priority items.
- Taxpayers without detailed surplus calculations can ultimately be denied dividend deductions
- New T1134 form has been launched and requires surplus calculations
- Surplus calculations are required to determine how much can be repatriated back to Canada tax-free from foreign affiliate groups
- Having surplus balances provides the opportunity for repatriation planning within the upstream loan rules
- Financial statement auditors are requesting surplus calculations for transactions
To learn more, or request a demo
EY has given deep consideration to surplus. We have developed innovative solutions that are customizable to YOU.
Click below for a high level view of some key features of EY Digital Surplus:
To learn more or request a demo, please reach out to any of our contacts below:
Albert Anelli
Managing Partner, Tax
Email
Mark Coleman
Partner, ITTS
Email
Eric Bretsen
Partner, ITTS
Email
Contact us
Like what you’ve seen? Get in touch to learn more.
