TMCnet News
Etelesolv releases a Canadian Tax GuideMONTREAL, Feb. 26, 2013, 2013 (Canada NewsWire via COMTEX) -- Canada's leader in Telecom and IT Management helps businesses with their wireless taxes Etelesolv (www.etelesolv.com), Canada's leader in Telecom and IT Management, announced today the release of their 2013 Canadian Tax Guide issue to help customers with wireless tax implications. For consumers, paying wireless taxes is much more straightforward since they are on the invoice. For many businesses wireless tax implications are synonym to a major headache. While each company's tax implication is unique, there are some tax rules that affect only wireless service costs. These rules specifically involve federal and provincial tax recovery. Etelesolv cares about its customers and knows how complex the tax system can be. This information guide is designed to help clients to understand how it works in Canada and how it may affect their company accounts. Indeed, businesses will pay both provincial and federal taxes on the invoice and then they will receive - or recover - the federal portion of these paid taxes, but it is the company's responsibility to determine and pay the taxes owed to the individual provinces. This is where Etelesolv's Canadian Tax Guide helps. Wireless is in a unique position in regards by which services are delivered to the end user and how those services are billed to corporations. Awareness is key. Certain conditions apply to eligible organizations, but more significantly as of January 1(st), 2013 for businesses in the Province of Quebec with regards to the QST changes. These new measures are further to a tax coordination agreement entered into by the governments of Canada and Quebec on March 28, 2012. The Canadian Tax Guide is for informational purposes only, but to simplify wireless tax accounting, Etelesolv provides Telemanager, a Telecommunications and IT Cost management Software as a Service that is tailored to comply with Canadian and US financial regulations. Telemanager has implemented all of the changes of Quebec taxes in its reporting. About EtelesolvWith its global coverage, Etelesolv is leading the Canadian revolution of telecom and IT management by helping companies Take Back Control of their Telecom expenses and IT assets. Etelesolv's software platform, Telemanager, brings together actionable real-time data and everyday processes to ensure that Companies know what they have and what it costs at any given time. For more information, visit www.etelesolv.com. Contact:Caroline Le BrunMarketing [email protected] SOURCE: Etelesolv To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2013/26/c8547.html SOURCE: Etelesolv http://www.etelesolv.com |