Opportunities to structure their business in the most tax effective manner
For effective taxation planning,companies rely on tax specialists who must have an excellent understanding of both their clients's business and the various taxation laws.Companies turn to their tax advisers for help on all the taxes for which they are liable, such as income tax,sales tax,property tax and payroll tax. These tax specialists are normally Charterred Accountannts and CPAs who are not only involved in the preparation of tax returns (compliance), but who also give advice on a multi-national company's domestic and foreign operation (consulting).Furthermore,they represent their clients before the tax authorities.