Commodity and Other Taxes

Providing the best mix of minimizing tax liabilities and maximizing refund opportunities

Challenges and Solutions
In this fast growing global economy, tax legislation and its governing policices are rapidly changing and becoming highly complex. Many companies are faced with challenges relating to the application and interpretation of tax laws and regulations. GRS’s team of tax specialists provide professional solutions to deal with all these challenges. Some of the challenges include:

  • New tax incentive programs
  • Updates to tax exemptions and regulations
  • Misinterpretation and misuse of information
  • Multiple jurisdiction issues
  • New tax rulings and court case implications
  • New refund requirements and application procedures

Computerized-Assisted Review
With the enhancement of electronic data processing technology, GRS is able to conduct computerized-assisted reviews. GRS tax professionals provide the technical assistance necessary to convert client supplied electronic data to effectively analyze and consolidate documentation. Computerized-assisted reviews have proven to be more effective than the traditional method of manually reviewing accounting records.

Areas of Commodity tax and other business taxes
GRS specializes in the following areas:

  • Goods and Service Tax
  • Harmonized Sales Tax
  • Payroll Taxes
  • Property Tax
  • Provincial Retail Sales Tax
  • Sales and Use Tax
  • Value-added Tax