Comply with regulations and plan ahead
All businesses must pay state corporate income tax, and many also pay franchise tax for the right to operate in certain states. Constant legislative changes and requirements that vary by state make compliance a complex and time-consuming process. And for companies making acquisitions or expanding into new states, the potential impact on income and franchise tax can be significant.
The KPMG Income and Franchise Tax practice can help make compliance and tax planning more effective. Working with our State Tax Resource Network, our specialized teams deliver timely insight and guidance on your changing tax requirements. And we can show you how to adapt processes and apply technology to make compliance more automated.
With offices from coast to coast, KPMG Income and Franchise Tax professionals are available wherever you do business.