Our Indirect Tax Experts Can Help You Find Ways To Pay Less Tax
B. Hoffmann & Associates Ltd. is an indirect tax consulting business that helps businesses, including major automotive clients; minimize the indirect tax they pay. Our goal is to help our clients think deliberately about indirect taxes and the impact they have on a business’ bottom line.
According to research conducted by the Centre for Automotive Research, the automotive industry accounts for about 13 per cent of all tax revenue paid. GST revenue earned by the federal government today is not significantly different from tax revenue earned under the old, administratively cumbersome Federal Sales Tax. So while, GST may be economically more desirable, it doesn’t necessarily reduce the amount of tax a company pays.
As a result, the need to manage these costs is as real as ever. In today’s environment of digitization, and digital transformation there is an increasing need for companies to create and manage indirect tax globally. The risk of overpaying taxes is constant, as this can adversely affect cash flow or worse, your company’s bottom line.
At B. Hoffmann & Associates Ltd., we work with our corporate clients to give them the comfort that their indirect taxes are minimized and their supply chain processes are designed to capture ongoing savings.
More than indirect tax consultants, we are experts in finding transaction-based tax savings for corporations. We take a hands-on approach with our clients; we become part of the team, from inception to full implementation. That way, our clients realize maximum benefit from our services.
With over 100 years of combined experience and understanding of tax codes and business operations, we bring our expertise to our clients and work with them in a collaborative fashion in order to help them realize tax savings today and in the future.