KPMG Private Enterprise Tax

Private companies and enterprises across Canada face many challenges and opportunities when it comes to conducting business while managing personal investments. It is important to develop a sound financial plan to enhance your personal and family wealth. KPMG Private Enterprise and private company tax advisors support your business growth by helping individuals and private companies effectively manage issues like income tax planning and wealth preservation through Corporate and Personal Tax Services.

KPMG Private Enterprise tax professionals provide corporate and personal tax services to help manage tax issues. We offer strategic financial and tax planning services to individuals, enterprises, and private companies when it comes to personal finances and taxes. We help businesses consider compensation strategies to reduce business and personal taxes, the most effective way to manage income taxes payable by the company and its shareholders, and succession, estate planning and wealth preservation.

Environmental, social, governance (ESG) are non-financial factors that our financial advisors consider during the investment process. The potential value of your investment can be impacted by waste management, political contributions, customer satisfaction, and even tax policy. Our ESG strategy takes it all into account.

We work with clients to develop and implement an ESG strategy and ensure that private companies and enterprises demonstrate long-term values and make investments through a sustainable lens, including that of tax policy. Your KPMG financial advisor will continuously monitor and report on performance and review the processes throughout. Investors are using this information to make investment decisions and disregard companies that are not ESG-compliant and those with weak reporting related to tax and transparency.

KPMG Private Enterprise tax professionals are here to help you understand how your business will be affected by tax changes and rulings to effectively create a tax plan that can manage or reduce corporate tax challenges. You can trust KPMG Private Enterprise tax professionals to assess the effectiveness of your business structure, identify tax-saving opportunities, income tax planning, and develop a customized tax program for your business.

When owning a business, corporate tax shouldn’t be your only concern. You must also consider how tax rules impact your personal and family taxes. Personal tax is complex and constantly changing, but KPMG Private Enterprise tax professionals can work with you to better manage your overall taxes by assessing tax rules that may affect your personal and family taxes.

Building a successful business takes a lot of hard work, so you want to make sure it remains in good hands in the future while also maintaining your personal wealth. KPMG Private Enterprise tax professionals can help you develop an estate plan for transferring wealth to your heirs and a succession plan for your business. KPMG helps you think about the future today so you can mitigate risks, like unplanned transactions, family conflict, probate fees and more.

There are a wide range of tax risks and controversies that are a burden to private enterprises. Tax policies are constantly changing, making it hard for businesses to keep up and adapt. Transparency is critical in the tax environment. Both public and private companies are frequently asked to articulate their tax risk management framework to third parties, so having this information readily available accelerates the process.

KPMG helps with tax planning for companies by implementing tax risk strategies that will mitigate risks and manage controversies to resolve tax disputes and avoid unnecessary tax costs. There are several tax technologies that KPMG utilizes to help businesses tackle tax regulatory changes and facilitate streamlined processes. One Port is one of these technologies. It is a secure, one-stop hub for all engagements to simplify tax processes, including tax returns, compilations, and reviews. By harnessing innovative technology, KPMG helps businesses achieve more.