We have helped clients achieve millions of dollars of tax savings through strategic tax planning and they have discovered how much easier global tax management can be with our dynamic tax planning and analysis software and services.
Find out how your company could streamline your global tax management and reduce your annual tax bill. Request a VantagePoint demo today.
A leader in design engineering and entertainment software contacted us when their need to execute complex calculations in a short time frame became overwhelming. The company was using Excel to do their tax calculations but it was cumbersome and difficult to program. We set them up with VantagePoint software and provided repatriation planning consulting. Now the company turns around calculations in significantly reduced time, freeing up the weekends that used to be spent analyzing their huge volume of data.
A global manufacturer of electronic and electromechanical controls needed new software for calculating Extra-territorial Income Exclusions (EIE) when their existing software vendor notified them that they were discontinuing support. The company was looking for a tool that would calculate EIE in conjunction with the Domestic Production Activity Deductions (DPAD). The client was so happy with the VantagePoint software that they added a subscription to the Foreign Tax Credit module to gain even more efficiency. VantagePoint significantly streamlined their data entry and their reporting processes.
A $2B manufacturer of specialized drill bits for oil and gas needed a software tool that could calculate the DPAD in conjunction with the Foreign Tax Credit. Deciding whether they should maximize their DPAD or their Foreign Tax Credit was a top priority. VantagePoint software delivered greater calculation detail, helped them achieve substantial process improvements and made the tax management decisions dramatically easier.
A specialty chemical and materials company was having a hard time keeping up with the volume and format of their tax data with their available resources. They knew a better tool would help them maximize their DPAD deductions and lead to significant tax benefits. Our team helped the company optimize their deduction through the application of apportionment regulations (861-8).
A $5B manufacturer of mailing equipment and logistics was looking for a service provider with a tool that could handle a large volume of data and the unique facts and circumstances surrounding their operations. VantagePoint gave them the ability to optimize their DPAD through the application of the apportionment regulations (861-8). We also provided technical insight that allowed the company to more accurately identify production versus non-production income and expenses. We work with the company annually to reduce its tax liability by maximizing their deductions. We continue to work with the client on an annual basis to quantify their return to provision adjustment and help them strengthen their responses to information document requests from the IRS and assist them in determining their FIN-48 reserve.