The distribution and logistics industry is strongly affected by inefficiencies in the marketplace created by a tight labor market. Tax planning initiatives based on shipping destinations, customs and duty requirements, along with tax compliance often take a backseat to ensuring goods are handled and delivered on time.
DMA can provide relief from that tax administration burden. We have generated more than $255 million in tax savings for clients in the distribution and logistics industry.
PROPERTY TAX ASSESSMENT REVIEWS
DMA’s client, a Fortune 500 auto parts distributor, has numerous facilities across the US and Canada. Our property tax professionals have partnered with this client for more than 10 years, ensuring their real property assessments are minimized. To date, we’ve successfully generated more than $5.7 million in real property tax savings for the client.
TAX TECHNOLOGY SUPPORT AND EXEMPTION CERTIFICATE MANAGEMENT
A large wholesale distributor of medical instruments and supplies engaged DMA to provide transaction tax advisory and functional/technical support related to its implementation of a leading transaction tax software application with various SAP environments. Our tax and technical professionals worked seamlessly to complete the project on time and with accuracy. The client knew the key to success was ongoing maintenance of the system to accommodate changes in their operations and relieve the administrative burden on their internal tax staff. Our team developed a long-term partnership with this client to provide ongoing exemption certificate management services along with technical support to their tax systems – all to ensure continued accuracy in tax determinations and reduce future audit liabilities.