Streamlining Corporate Tax ReportingLyon Solution Services (LSS) excels at streamlining and controlling the tax reporting and compliance processes of large businesses.
The ChallengeThe complex and constantly changing nature of tax laws and reporting requirements make the design and delivery of effective, low maintenance, tax systems particularly challenging.
In recent years, the introduction of company tax consolidation, tax financial reporting under AIFRS (AASB 112), GST and BAS, and the Managed Investment Trust (MIT) tax distribution and withholding tax requirements have required substantial business investment.
The increased ATO scrutiny on the financial services and superannuation fund sectors has increased demands for more robust, transparent and accurate tax compliance and management reporting systems.
Additionally, the tightened corporate regulatory environment under Sarbanes-Oxley and CLERP 9 has increased the responsibility of senior management to place adequate internal controls over the group's tax financial reporting and compliance processes.
Our Solution Approach
Duncan has over years' experience in the corporate tax, financial reporting and technology industries in Australia and the UK.
LSS provides end-to-end services in the design, build and testing of high quality, maintainable enterprise tax solutions.
We understand your complex tax needs and have a successful track record of delivering robust, high quality and low maintenance solutions that streamline your tax operations and provide insightful tax management reports.