The Stratos team consistently generates significant and measurable results for clients. Below are just a few of the highlights:
OECM Gold Supplier Partner
Awarded GOLD SUPPLIER PARTNER status for Payment Recovery Services 2019-347-03 as part of OECM’s 2022 Supplier Recognition ProgramOECM Description
Broader Public Sector, not-for-profit group procurement organization, offering a marketplace of competitively sourced and priced products and services that deliver savings and efficiencies to Ontario’s publicly funded organizations
Manufacturing company
Successfully reversed a substantial GST/HST audit assessment, including interest and penalties.
Amount reversed: ~ $11,200,000
Global Electronics Manufacturer & Wholesaler
Provided professional services to assist in a government Tax audit reducing the assessment by approximately $13 million. Also, provided a detailed Sales Tax and Customs Recovery review leading to significant savings.
Additional Amount Saved: Over $13 million
Manufacturing Company
Created and confirmed via positive rulings, from the CBSA, innovative Customs Duty issues resulting in substantial savings on duties paid applicable on forward basis; thus reducing cost per unit.
Additional Amount identified for client: Over $800,000
Crown Corporation
Provided a detailed multijurisdictional PST, GST and AP review leading to significant savings. Also, reversed a PST audit assessment; in excess of $2 million. Providing training manual and ongoing monitoring.
Amount recovered: Over $4 million
Public Service Body
Identified PST and GST/HST issues that resulted in substantial savings greater than the first review performed by Big 4 CPA firm on the same period reviewed.
Amount saved: Over $1 million
Consulting Services Company
Eliminated a provincial sales Tax assessment on computer software.
Amount saved: $970,000
Supermarket Chain
Provided a Tax review and Tax strategy implementation leading to significant savings after review by prior consultants that apply both retroactive and ongoing forward basis.
Amount recovered: $1 million
Pharmaceutical Industry
Provided a vigorous multi-provincial Tax review leading to significant savings while providing audit and advisory assistance. For Tax purposes, performing system set up/verification and active monitoring resulting in minimal time investment during the audit.
Amount recovered: Over $3 million
Global Aeronautical Manufacturer
Provided a comprehensive multi-provincial Tax and Accounts Payable review leading to significant savings plus audit defence reducing proposed PST assessment over $2 million.
Amount saved and recovered: $4 million
Real Estate Investment Company
Provided a comprehensive issue review leading to significant Tax savings. Ongoing monitoring, future set up to minimize errors and maximize opportunity.
Amount recovered: Over $9 million
Financial Services Company
Provided professional services to assist in complying with legislation missed by external auditors, in addition to identifying opportunities.
Amount recovered: 10% of earnings
Manufacturing Company
Utilizing a $1.5 million GST audit assessment, we created a strategy that resulted in a net cash refund to the client from CRA that was unavailable without the assessment.
Amount delivered: $2.5 million
Retail Company
Uncovered significant Customs Recovery recoveries — subsequent to an internal review.
Additional Amount identified: Over $1.5 million
International Distributor
Provided a comprehensive Tax and Accounts Payable review leading to significant savings. Assisted client during a government Tax audit reducing the proposed assessment by approximately $1 Million.
Amount recovered: Over $2 million
Technology Industry
Provided a multi-provincial Tax review resulting in substantial savings that previous large firm did not identify and in a fraction of the time. Recoveries included transactional errors (in some cases on the same supplier) and also included significant Sales Tax Issues (Tax legislation interpretations) that were also not identified by the primary consultant.
Additional Amount identified for client: Over $2 million
Natural Resources
Provided an all-encompassing multi-provincial Tax, Accounts Payable and Customs review leading to significant savings.
Amount recovered: Over $600,000
Utilities
Provided a detailed Tax and Accounts Payable review leading to significant savings.
Amount recovered: Over $300,000
Supplier to Auto Industry
Provided a multi-provincial Tax review leading to significant savings missed by prior review firms.
Amount recovered: Over $400,000
Manufacturing Corporation
Performed a detailed Customs Recovery review leading to significant savings after large CPA and boutique firm had performed reviews.
Additional Amount Recovered: Over $1.2 million
Food manufacturer
Provided a vigorous multi-provincial Tax review leading to significant savings and strategy to lower Tax applicability on forward basis.
Amount recovered: Over $800,000
National Retailer
Provided a multi-provincial Tax review leading to significant savings after review by prior consultants. Providing assistance in audit resulting in significant adjustment.
Amount recovered: Over $1 million
International Beverage Manufacturer
Provided a multi-provincial Tax review leading to significant savings after review by prior consultants.
Amount recovered: $60,000
North American Waste Management
Assisted client after a government Tax audit by Appealing GST assessment and reducing it by 96%.
Amount recovered: Over $3.1 million
Public Service Body
Identified Tax issues that resulted in substantial savings greater than the first review performed by Big 4 CA firm on the same period reviewed.
Amount saved: $3 million
International Convenience Stores
Provided a Tax review leading to significant savings.
Amount recovered: $1 million
Retail Distributor
Provided a Tax review leading to significant savings in various PST jurisdictions as well as GST/HST Implementation of Tax strategy allowing significant ongoing savings.
Amount recovered: $1.2 million
Public Service Body
Identified Tax issues that resulted in substantial savings.
Amount saved: $300,000
Furniture Manufacturer & Retailer
Provided a Tax review leading to significant savings.
Amount recovered: Over $50,000
Global Manufacturer Office Equipment
Provided a multi-provincial Tax review leading to significant savings.
Amount recovered: $40,000
Various Other Industries
Developed PST and GST/HST strategies that resulted in significant Tax savings.
Amount recovered: Over $10 million to date
As these examples show, you can count on Stratos to maximize your Tax credits, uncover overpayments, and identify Tax reductions. We are committed to delivering the biggest boost possible to your bottom line. And we back up this commitment to results with a guarantee — if we don’t save or find you money in a Tax or expense review, our review is free.