KPMG’s Corporate Tax team can work with you to improve your business tax return and manage the corporate tax burden.
Our tax accountants and consultants have in-depth technical tax knowledge and understand how tax fits into the broader business picture.
We can help you realise your planning opportunities, meet your compliance responsibilities and communicate this to your markets and regulators. We can also review your processes and technology and recommend solutions to make you more efficient.
Why choose KPMG?
Our team has extensive technical capabilities and global experience. Our industry focused approach can help you with a wide range of corporate tax planning and compliance issues.
KPMG can provide practical, useful ideas based on a deep understanding of your specific tax issues. We understand local and international tax regimes and have access to the international resources and experience needed to help you achieve tax-effective business outcomes, wherever you do business.
We also maintain regular and constructive contact with the Inland Revenue Department.
Why corporate tax matters?
Corporate tax represents a substantial outflow of funds for most, if not all, businesses. This is not the only ‘cost’ tax places on business - tax planning, reporting obligations and keeping abreast of legislative change can be a significant drain on management time.
The increasingly pro-active approach of tax authorities can result in time-consuming reviews and audits, and significant penalties for non-compliance. All these factors put together can be a large tax burden on your business.
Corporate tax advisory
We provide tax planning, structuring and due diligence services to assist clients with corporate tax risks and opportunities resulting from specific business activities. These activities include mergers and acquisitions, divestments, capital raising and distributions, and restructuring of operations.
Our work with clients can involve:
- Reviewing and/or developing a company-wide corporate tax policy
- Evaluating the risk profile of tax planning strategies
- Reviewing internal controls and tax systems for effectiveness and efficiency.
KPMG has a range of technology tools in areas such as Fringe Benefit Tax, Goods and Services Tax and depreciation.
We also help clients manage issues from business tax reforms, including the changes to the taxation of investment income, international tax regimes and the impact of International Financial Reporting Standards.
Where appropriate, we assemble multi-disciplinary teams of professionals to ensure commercial and tax outcomes are achieved.
Corporate tax compliance
We can use our process and risk analysis methodology and technology tools to help you throughout the tax compliance cycle.
We can assist you from data entry to preparation and review of income tax returns and filing with Inland Revenue as well as other revenue authorities such as the New Zealand Customs Service. We can also deal with post-submission and dispute resolution issues along with reviews and investigations by Inland Revenue.