For a multinational group, controlling and managing the group's tax compliance obligations can be extremely burdensome. In particular, managing the responsibility on a timely basis is a very real challenge to many groups. Increasing the time spent on dealing with the compliance burden diverts valuable in-house staff time away from looking at value added propositions for the group.
Grant Thornton's Global Tax Compliance (GTC) service offers the provision of a coordinated and managed tax compliance service, designed for direct and indirect taxation compliance. Using the award winning IBM project management software Quickplace, a secure and rapid communication between all parties is guaranteed. Driven by an experienced and dedicated project manager in the UK, who provides a single point of contact, the GTC team will liaise with Grant Thornton International Ltd member firms around the world to ensure that the group's tax compliance obligations are being met on an agreed and timely basis. The GTC service provides a completely transparent and controllable service, which allows the group to know the status of any of the group's tax obligations at any point in time.