Ryan has secured millions of dollars in tax savings for Chrysler.
We are known for our ability to find tax recovery opportunities for our clients and to aggressively fight for those dollars, ensuring that no issue or opportunity for tax minimization is left unrealized. Last year alone, our multidisciplinary approach resulted in $2.5 billion in tax savings for our premier global clients.
Ryan manages the audit process from beginning to end, ensuring that we minimize our client’s burden to the fullest extent possible. Our professionals handle the arduous process of producing records for the state and securing files required to build the case, determining which issues merit an appeal and the likelihood of success for each. We manage the day-to-day information flow between our client and the taxing authority to ensure timely, complete, and accurate responses and assist with accelerated dispute resolution processes to reduce the costs and other burdens associated with audit defence activities. As needed, we meet with auditors, dispute resolution officers, administrative hearings attorneys, and other agents to clearly identify all positions that impact our client’s ability to achieve a favourable outcome.
We understand the importance of constructive relationships with taxing authorities. We also understand that respect is earned. From informal conferences to administrative level appeals, our goal is to resolve tax controversies quickly and professionally. And when disputes can’t be resolved through simple negotiation, we’re prepared to fight for our clients’ interests for as long as it takes. Our Audit Representation provides a comprehensive range of services, including:
- Audit coordination
- Audit review and opportunity assessment
- Audit sampling analysis and evaluation
- Controversies and appeals
- Responses for information and document requests
- Risk assessments
- Tax audit representation
- Tax compliance and reporting evaluation
- Taxability determinations
- Voluntary disclosure and registration
Ryan understands that a critical element of tax administration is risk mitigation. Accordingly, Ryan’s Complete Sales Tax Solution™ includes an exposure review that identifies errors and areas of non-compliance, so clients can correct them before potentially incurring costly penalties in the future. Ryan’s reviews may cover all transactions, or simply a specific area of concern.
Our consultants leverage the most advanced proprietary tax review software in the industry to conduct the deepest, broadest, and most accurate sales tax reviews. Utilizing this program, we can examine more than one million transactions at a time, identifying any critical issues, exposures, and potential areas of concern.
Ryan’s seasoned professionals employ a comprehensive approach to exposure identification reviews, which includes:
- Generating and evaluating random invoice samples
- Reviewing sales tax billing, collection, and remittance procedures
- Evaluating the effectiveness of any internal controls and compliance processes
- Delivering a comprehensive report summarizing our findings
- Quantifying the sales tax liability in each jurisdiction
- Recommending ways to address any sales tax issues and improve compliance
During a sales tax review, Ryan consultants utilize Ryan eReview® as a tool in their identification and analysis of potential federal and provincial sales tax savings opportunities. Refined over the past decade, Ryan eReview® is the industry standard in the Canadian sales tax consulting industry. It is used exclusively for the benefit of Ryan clients. Only Ryan eReview® is based on 30-plus years of knowledge and best practices in Canadian sales taxes and developed specifically for our proprietary review process.
As powerful as Ryan eReview® is, it’s remarkably non-intrusive, and the software is always used in conjunction with the expert analysis of highly qualified Ryan sales tax experts. All that is needed is access to the appropriate electronic data, arranged in advance by our certified data and systems specialist. To protect your confidential records, we employ rigorous security safeguards. These include the latest security technology on all computer desktops and laptops. This is in addition to strict security guidelines, restricted file access, client agreements, and personal employment contracts.
Pioneering and powerful by any standard, Ryan eReview® helps provide clients with the deepest, most accurate analysis of Canadian sales tax payments.
- Customized for each engagement based on the client’s system, G/L accounts, and jurisdictions in which it’s registered
- Pre-defined data analysis tools and queries make identifying potential savings and exposures fast and accurate
- Powerful drill-down features provide the ability to analyze transactions in aggregate as well as to drill down to the individual posting details
- Transactions are targeted with comments identifying opportunities for follow-up to the source documents
Ryan consultants consistently demonstrate the highest level of professionalism and sophisticated knowledge of Canadian sales tax. While their presence is barely felt during an engagement, they've demonstrated an ability to uncover truly significant tax-saving opportunities for Panasonic year after year.
We go beyond the expected and look for the exceptions that benefit our clients. By reviewing the exact time periods and types of tax as our competitors, we produce substantial additional results. We’re at our best when following other, less focused firms. And our competition doesn’t bother to follow us. We know of no instance where any of our competitors have produced meaningful tax savings after our review was complete.Unmatched Results
Integrated End-to-End Tax Services
Ryan is focused on your overall tax performance—providing innovative solutions to the underlying causes of the errors we identify—and creating greater opportunities to measure and improve your efficiency, develop a more strategic approach to tax, and deliver outstanding value to your shareholders.