Complying with tax laws and regulations that are constantly
changing is a challenge.
We can assist with everything from tax preparation
to tax planning.
SriSattva’s mission is to improve working conditions by developing long-term value for clients, individuals, and society, as well as through building confidence in the capital markets.
In an unstable global economy, careful tax preparation is essential for corporate success. Individuals that face their own difficulties owning, running, and safeguarding their enterprises and wealth in a complex regulatory framework must also engage in tax planning.
Accountability is increasingly demanded in today's complex business and tax environment. Additionally, there is pressure on tax departments to operate more efficiently, and finding highly competent individuals can be challenging.
We offer assistance in three key areas to support you in meeting these demands:
- Tax accounting includes applying new IFRS and local GAAP accounting standards, supporting quarterly and annual tax provision calculations, validating tax balance sheet accounts, and more.
- Performance of the tax function: assisting in enhancing operating strategy, organizational architecture, tax process and controls, and the efficiency of data and systems
- Tax risk: prioritising the most important risks, identifying them, and helping to monitor and correct controls
Throughout the complete tax life cycle of planning, provision, and compliance, our experts deliver high-quality service to fit your specific needs.
Accurate tax compliance is a crucial piece of the tax jigsaw for multinational corporations. The quick speed of legislative and regulatory change and the growing digitalization of tax authorities make it more difficult to get this part correctly.
Additionally, keeping up with local and national tax changes while satisfying the demand for increased transparency and financial information places a burden on tax departments' resources and makes tax compliance even more difficult.
Within this dynamic regulatory environment, our network of Business Tax Compliance professionals can assist you in planning, managing, and carrying out tax filings.
Both tax law and its application are continually changing. Changes in tax administration that affect markets, companies, and customers are frequently brought about by political and economic factors. The tax system has become more integrated, and now adjustments made in one country may have an impact on other countries as well.
New laws for the taxation of cross-border firms are being developed and adopted by countries together. More taxpayer data is being gathered and shared by governments. As a result, tax debate is changing from bilateral disagreements in particular countries to a multifaceted, multi-country dynamic.
The Global Tax policy and controversies teams of SriSattva can guide you through this complex environment. We encourage interaction with tax policymakers around the world and offer a "beyond the horizon" perspective of potential developments in tax policy. In the event of problems, we serve as a crucial link between the firm and the tax authorities and facilitate the development of a worldwide integrated approach to managing tax controversy.
You can find information here to help you manage risk better, make better decisions, and increase cost effectiveness.
Companies are examining their short- and long-term demands in order to manage their tax and finance operations effectively and efficiently. They are using innovative and daring strategies to position tax and finance to fulfil their organization's needs both now and in the future. The time is now to act...
Is your operational model for taxes and finances future-ready?
The tax and finance function can be co-sourced or outsourced to SriSattva under the Tax and Finance Operate (TFO) solution. EY takes over your tax and finance function, drives improvements, and operates it for you as a managed service.
The following advantages come with an operating model that is outsourced or co-sourced:
- Enhanced visibility and proactive risk management through dashboarding and analytics.
- A flexible, agile model that can adapt to your demands and evolving business needs.
- Enhanced corporate collaboration and decision-making support
increased management time to concentrate on important areas and core competencies
repairing leaks and boosting operational effectiveness.
- Service delivery was made possible by technology by utilising the digital tax solutions offered by EY.
- Institutionalizing knowledge and minimising reliance on others
Centralization and standardisation of tax and financial procedures to improve accountability and management of international compliance.
- Through the SriSattva's tax network, which includes over 68,000 internationally consistent and dedicated professionals in more than 160 countries, you have quick access to subject matter specialists.
- Investments in people, processes, and technology do not have independent costs and risks.