Resources

RITC

RECAPTURED INPUT TAX CREDITS – ARE YOU PAYING UNNECESSARY TAX?

For many businesses, the CRA’s offer of electing to file a proxy was a welcome simplification for actually having to determine what the recaptured ITCs should be. By regulation, the CRA has identified 24 categories of businesses that are eligible to determine the RITC by predetermined proxy rates that range from 4%-30% depending on the business activity. But does the proxy make sense for your business?

DOWNLOAD NOW

CASE STUDY E-BOOK

Indirect tax is a common overseen circumstance for large corporations. Our latest case study e-book gives an in-depth look into how we have recovered over a total of $10 million dollars for some of the largest corporations in Canada and the US. Knowing where to start can help save companies millions of dollars that can then be contributed to bottom line growth.

DOWNLOAD NOW

manufacturing case mockup

CASE STUDY

B. Hoffmann & Associates Saves Client Millions on Canadian Indirect Taxes

B. Hoffmann & Associates was selected to assist a client, that is part of a group of companies in the manufacturing industry that underwent extensive audit assessments by the CRA.

DOWNLOAD NOW

CASE STUDY

B. Hoffmann & Associates’ Forensic Alertness Applied To Various Tax Savings Opportunities

B. Hoffmann & Associates has recovered millions of dollars for multiple clients in various indirect tax types. The millions recovered have contributed to bottom line improvements and profitable business operations.

DOWNLOAD NOW

CASE STUDY

B. Hoffmann & Associates Goes Beyond Financials to Recover Significant Cash Amounts with Client’s Marketing Department

A high-end automative wholesaler that would sell goods to associated dealers was audited on a rebate promotion for free oil & filter changes subject to Provincial Sales Tax (PST).

DOWNLOAD NOW