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The Sales Tax Gap Challenge -
Agency resource limitations, increasingly sophisticated POS sales suppression technology, under-reported sales, non-filers and even sloppy merchant accounting practices all contribute to the difficult task of identifying, quantifying, and collecting the hundreds of millions of dollars in unpaid sales tax.
The Transfer Pricing Gap Challenge -
Borders create problems for tax authorities by placing part of a taxable transaction outside their jurisdiction, creating an environment conducive to tax avoidance and evasion through the manipulation of transfer pricing. Companies use illegal transfer pricing techniques to move capital from one country to another for tax evasion and money laundering.
G2Lytics uses the most advanced technology for detecting and quantifying outstanding tax obligations and tax fraud.