Recovering Sales Taxes in a Turbulent Economy

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Your challenges

In today's turbulent economy, companies are looking for opportunities to generate cash and cost savings in a variety of ways. For instance, you may be considering an adjustment on a bad debt, recovering taxes on a repossessed property, restructuring an outsourcing agreement or even terminating a contract. Here's the good news: Behind each transaction lies the opportunity to recover sales taxes.

How PricewaterhouseCoopers can help

PwC's tax professionals can help you quickly recover your sales taxes and maintain compliance with authorities through the downturn. We're ready to help you seek out areas where tax liabilities are found, identify tax overpayments, reduce or defer tax expenditures, and speed up responses to an audit.

This communication is intended to inform readers of developments as of the date of publication, and is neither a definitive analysis of the law nor a substitute for professional advice. Readers should discuss with professional advisers how the information may apply to their specific situations.

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