Tax Consulting Services

Sonepar USA Reduces Exposure Risk & Saves Weeks of Provision Prep and Review Time by Automating the Tax Provision Process

Case Studies

Sonepar USA Reduces Exposure Risk & Saves Weeks of Provision Prep and Review Time by Automating the Tax Provision Process

“Automating the provision process has saved Sonepar USA’s tax team upwards of 120 hours (in aggregate) for the 2017 tax-year alone. The GTM team facilitated a smooth transition from our manual Excel approach to take immediate advantage of ONESOURCE Tax Provision (OTP) software. Our new provision process has been recognized positively up to the senior finance executives, raising the visibility and value of our tax department’s contributions to the bottom line.” 
~ Nick Vanderlyke, Senior Manager, Income Tax, Sonepar USA

Read more |

IRS Notice 2018-13: How it Affects Your Toll Tax Model

NEWS

January 26, 2018

IRS Notice 2018-13: How it Affects Your Toll Tax Model

In this update to our previous post on the toll tax, we highlight the key proposals in Notice 2018-13, noting particularly where changes will affect clients’ ongoing work to model the toll tax for end-of-year provision purposes.  

READ MORE

A Guide to Outsourcing Corporate Tax Functions

White Papers

A Guide to Outsourcing Corporate Tax Functions

Finance leaders are looking for innovative approaches to talent and technology for growth potential. Their goal is to be more operationally agile — by aligning the right resources to achieve their company’s strategic mission. Leaders can make this goal possible by finding ways to optimize the time and skill sets of their in-house functional teams to be more strategic, while looking outward to acquire alternative resources to provide stability and technical acumen for day-to-day functions. Read this white paper to explore how the right blend of resources and systems can improve a tax department’s overall function and add value to an organization.

DOWNLOAD

Taking the Sting out of Mandatory Repatriation: Consider OFLs, NOLs, and FTCs

NEWS

December 15, 2017

Taking the Sting out of Mandatory Repatriation: Consider OFLs, NOLs, and FTCs

As we approach the final stages in the tax reform process, the details and what-if scenarios are swarming. One detail everyone should be aware of is that the House and Senate bills impose a tax on the deferred foreign income of U.S. shareholders of CFCs as part of the transition to a territorial system of taxation. In short, the amount of non-previously taxed E&P of a U.S. shareholder’s CFCs is included in the shareholder’s 2017 Subpart F income.

READ MORE

Houghton International, Inc. Trusts GTM to Manage Worldwide Tax Function in Critical Time of Transition

Case Studies

Houghton International, Inc. Trusts GTM to Manage Worldwide Tax Function in Critical Time of Transition

“In a time of transition, I relied on GTM to manage the due diligence and integration process with Quaker’s tax lead, and they delivered. Acting as our internal tax team, GTM identified many opportunities to reduce Houghton’s tax liabilities. They brought the stability and technical tax acumen I needed to meet the day-to day tax reporting and special project needs of a large multinational corporation.” ~ Keller Arnold CFO, Houghton International, Inc.

Read more |

// Linkedin Conversion Tracker Script