The same way changes occasionally occur within your organization, adjustments in government regulations and legislation are inevitable.
Often within a company, these changes in government laws are not adequately communicated. This can create operational challenges which can result in tax compliance failures in the form of sales tax overpayments and/or duplicate payments.
These overpayments erode your bottom line and decrease your cash flow.
Many businesses understand that the key to continuous growth and success comes with implementing a Reverse Audit strategy after an organizational or legislative change. This ensures that all eligible refunds are captured retroactively.
With Dominion's Sales Tax Recovery program, existing exposures in your company’s tax accounting can be identified. Isolating these exposures makes you more compliant and in turn reduces the potential risk of costly government assessments, penalties and interest.
Copyright © 2021 Dominion Customs Consultants - All Rights Reserved.