Case Studies Retail

The Tax Credit Company doubles tax credit over prior provider's claims, obtaining millions of additional credits for Fortune 100 retailer.

Service: Tax Incentive Administration

Segment: Fortune 500

Industry: Retail

Tax Credit Program: Tax Incentive Zones

Engagement: This Fortune 100 retailer found both better service and substantially better performance by switching to The Tax Credit Company for California Enterprise Zone tax credit services. TCC identified more qualified locations as well as same-store increases that resulted in a 200% increase in credit generation and a 100% increase in credit utilization.

Approach: TCC's client services team worked with the tax department to obtain the right data without overburdening the department's staff. The process involved evaluating and utilizing existing data exports rather than running new queries that would have used up IS resources and slowed down the process. Under a tight deadline, TCC allocated the resources needed to meet the client's timeline.

Result: Seven-figure increase over the previous provider's credit.