LSS

Lyon Solution Services

Keeping Tax Under Control

Telecommunications

Telecommunication companies operate in a rapidly changing technology sector with an emphasis on innovation and continuous change.  The telecommunication industry is highly regulated and telecoms have high corporate governance standards.

Telecoms usually have complex and diverse group structures with offshore operations and joint ventures.

From a tax compliance perspective, telecoms need reliable systems and processes to capture costs and information for their research and development claims on innovations.  They also require enterprise tax management systems to prepare and report on consolidated tax results.