Balancing Tax Benefits and Risks in Retail Transformation 2021 | Grant Thornton | 21 July 2021 | Online

As many retailers transform their business to meet the new digital customer, there are benefits to leverage and risks to manage. Retail and consumer product company leaders often make business decisions such as new ecommerce investments, increased technology capabilities, store modifications and more that could qualify for the federal and state R&D tax credit. This benefits the company by creating an influx of cash that can be reinvested in the business and provides permanent savings.
As retail companies expand their online ecommerce capabilities, they often create new reporting requirements in unfamiliar jurisdictions that are cumbersome to manage and track manually.

Join Grant Thornton for this for retail business leaders to learn how their peers are qualifying for tax credits and are managing compliance complexities created by a surge in ecommerce activities.

Learning objectives;
• Identify which business activities could qualify a retailer for R&D tax credits, creating added benefits.
• Explain how sales and use tax compliance and automation can protect a retailer from risk.
• Cite a case study of a retailer that is managing their tax position as a strategic advantage.

Audience: CFOs, CIOs, Business Unit Leaders, VPs of Tax, Tax Directors

2021 Speakers

Frank Russo
Partner, Tax Services and Retail Tax Leader, Grant Thornton LLP

Nicole Bryant
Principal, State and Local Tax Services, Grant Thornton LLP

Rob Levin
Partner, Strategic Federal Tax Services, Grant Thornton LLP