3 Corporate Tax Management Cost Saving Strategies to Consider
Growing multinational companies juggle many tax responsibilities. Here are some tips for keeping all the balls in the air.
Since its introduction this past September, the updated LB&I ASC 730 directive has provided corporations with new opportunities to improve their R&D processes, reduce time to calculate credits, gain more confidence in the precision of their credit claims, and ensure that they are maximizing their credits by including all eligible activities. What many tax departments may not realize, though, is that there are benefits in reviewing their R&D study process beyond the R&D Credit that extends to maximizing their FDII deduction and Sales & Use Tax Exemptions, with the same methodology providing the basis for all three calculations.
In this one-hour webinar, GTM’s team will provide updates on how the updated ASC 730 directive apply and how to extend the benefits of this review to the other two areas:
Sales & Use Tax