QUESTIONS ABOUT CORPORATE TAXES


In this section we cover some corporate tax topics that crop up a lot. Our objective here is to answer some of the most common of these questions from a high level.
We’ve categorized this Q&A by our six service areas. To see questions in any given category just click the relevant icon.
Do you have a Corporate Tax question that isn’t included here? Ask it. Click here.

If it’s a good general question we’ll include it in this Info area. If it’s not possible to generalize in our answer, we’ll let you know that too.

Your tax professionals at VPTax

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AUDIT COMMITTEE

Audit Committees play a crucial role in advising on financial and tax policies, recommendations, and strategies. More often than not, audit committee members have strong financial expertise, including historical familiarity with income taxation. However, taxes and tax reporting are dynamic. What was optimal at another company or at another time may not be the best strategy today for the current company in the applicable jurisdictions.

Our Tax Directors are experienced communicators. We help management teams understand and simplify Board presentations. We coach Directors to view taxes at the appropriate level, whether that includes focusing on a company’s effective tax rate or understanding the implications of a tax structure on the movement of cash.

Our knowledge and experience working with Audit Committees enable us to forge good working relationships, keep all parties well-informed and work as a team. Audit Committees appreciate the input of an expert outside consultant and an independent point of view.