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Son Management has been able to identify and provide organizations with services that have measurable impact. These services save companies time, money and reduce frustration.
Approximately ninety percent of companies with operations in Canada who are registered for the Federal Goods and Services Tax (GST) routinely do not identify all potential reimbursements in Commodity Taxes, which include Fuel Taxes, Excise Taxes, Provincial Sales Taxes and other Value Added Taxes.
This happens regardless of how extensive or experienced a company’s inside or outside accounting professionals may be, in part because of the complexity, variableness, application and regional nature of these taxes.
Approximately ninety percent of companies with operations in Canada who are registered for the Federal Goods and Services Tax (GST) routinely do not identify all potential reimbursements in Commodity Taxes, which include Fuel Taxes, Excise Taxes, Provincial Sales Taxes and other Value Added Taxes.
This happens regardless of how extensive or experienced a company’s inside or outside accounting professionals may be, in part because of the complexity, variableness, application and regional nature of these taxes.
The Urgency
Large sums in legitimate tax reimbursements go unclaimed annually and are subject to time limitations, eventually becoming unrecoverable in one to four years depending on the tax and region. Every recovered tax dollar directly represents a full dollar in the profit margin not like goods or services sold which have large production costs.
