Supply Chain Tax Savings Emerge as a Result of the Downturn

Chemical companies could be taking advantage of substantial tax savings as a direct result of changes in their supply chains brought about by the economic downturn, say industry tax experts at KPMG. Significant financial savings can be generated by effectively aligning tax strategies with supply chain restructuring initiatives, KPMG says. Savings may be achieved by implementing tax efficient supply chain management (TESCM), says Frank Mattei, head of KPMG’s global chemicals tax practice, along with colleagues Thomas Zollo, tax principal for KMPG in the...

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