David Galloway Email & Phone Number

British Columbia

GALLOWAY CONSULTING SPECIALIZES IN COMMODITY TAX RECOVERIESIN 2012, the govt of British Columbia commissioned a report on the Provincial Sales Tax. It concluded that BC businesses would pay hundreds of millions of dollars extra in PST more than under GST/HST each and every year. Much of that is in relation to tax exemptions businesses miss. The CDN govt est that as many as 94% of businesses in Canada overpay their GST/HST. A manufacturing industry survey est that 80% of all manufacturers have little or no idea what is or isn;t PST exempt in B.C. An industry wide survey est that 90% of all businesses overpay sales taxes, with the manufacturing industry the highest,at 98%.Commodity Tax legislation can be more complex than Income Tax Legislation. Where nine companies may be taxable on an item, the tenth could be exempt. Galloway Consulting excels in finding the exceptions to the rules. Our success rate is 97%, finding many recoverable's missed by others. And we offer the ultimate written guarantee. If we fail to recover any taxes, their is absolutely no charge to you. There are no hidden or upfront costs. Simply a positive cash flow. We work on a percentage basis, controlling any potential cost to yourselves, making us work harder on your behalf. And the benefits continue to accumulate. The knowledge you gain from our review, saves you money year after year. Except for a few questions, we do all the work & answer any govtt questions. All you do is maintain your daily routine. There is zero risk, & no effort on your part. You have nothing to lose & everything for you to gain.WHAT WE DO FOR YOU:- Review & recover overpaid PST, GST, HST, Excise taxes- Prepare all documentation, answer any govt quiries- Provide you with the knowledge to make future savings- Scan for missed tax liabilities, to notify you of potential penalties & interest BEFORE they happen- Review your property tax assessment with a view to reduce your ongoing property taxes.

Abbotsford, British Columbia

Managed the overall Finance & Admin Department, for a multinational manufacturer, with operations throughout North America, Europe & Australia, David implemented a new inventory management system, significantly improved financial report preparation and implemented the first corporate budget. as well as prepared the consolidated financial statements for the worldwide operations. I reduced costs in relation to annual audit reviews, corporate insurance, and accounts receivable insurance as well as cut bad debt losses significantly, in my tenure.

Abbotsford, British Columbia

Managed the corporate finance, admin & technical support departments for a large manufacturerSuccessfully appealed B.C.Assessment notices, resulting in $60K in annual property tax savings,Implemented a commodity tax review, resulting in a PST refund of over $100 K & a resultant savings of over $40 K annually on a going forward basis. Researched a change in corporate auditors, resulting in a five year offer from a national accounting firm with an annual savings potential of $100K +. Identified a major flaw in the company's accounting software package, used by companies worldwide.

Abbotsford, British Columbia

Managed the corporate finances for BC's largest hardscape manufacturer, during a time of tremendous growth. Successfully recovered over $100 K in tax over payments and an annual savings of $30 K, reduced property taxes on three of the companies properties with a resultant savings of over $40K annually.and negotiated a significant decrease in annual audit fees.

Vancouver, Canada Area

Contractor for Abakhan & Associates, Trustees in Bankruptcy. Responsible for working to recover over $6 million in government grant funding as well as recovering over $120,000 in Provincial Sales Tax overpayments going back over six years. Results, the largest PST recovery for the agriculture industry to date, as well as one of the largest grant payouts in the agriculture industry and the accolades of a very appreciative major financial institution.

Chilliwack, British Columbia

Managed the corporate finance & admin functionsIdentified $250 K in prior over billings by contractorsDeveloped a successful counter strategy to limit a corporate law suit Successfully implemented software to better gauge corporate productivity & output.In conjunction with Company President, increased sales revenues by 85% within the first year

Langley, British Combia

Developed a Five Year Strategic Business PlanDeveloped the annual budgetPrepared the monthly & annual financial statementsResearched & implemented a new accounting packageOversaw 4 stages of construction expansionRecovered over $100,000 in commodity tax overpaymentsNegotiated the successful purchase of a competitors assets resulting in a savings of $3,500,000 in inventory & $8,000,000 in capital expendituresRenegotiated a second acquisition saving a further $300,000 from the initial dealSuccessfully increased the company line of credit by 600 percentIn conjunction with the company President, increased sales from $18 to $30 M within two years.

Richmond British Columbia

Managed the corporate finance, admin & technical support Acted as Interim COOProduced, in conjunction with the CEO, an impressive business plan, drawing considerable attention from throughout the North American investment communityDeveloped a corporate strategy to succesfully steer the company through the economic downturnPrepared the annual SR & ED claim as well as a claim for IRAP resulting in hundred's of thousands of dollars in grant funding

Richmond British Columbia

Prepared the corporate consolidated financial statements for an International Software Developer.Managed the corporate finance & admin departments. Prepared the annual SR & ED claim application resulting in over $1 million annually.Oversaw the companies team of Project Managers working of projects worldwide with values ranging from ten's of thousands to multi million dollar contractsSet up two international offices in Florida and California

Port Moody, B.C.

Oversaw the Treasury DepartmentActed as Interim Treasurer for six monthsIncreased Investment Revenue by over 200% Developed departmental budgetsOversaw City Property Tax Payments in excess of $20 million annually

Pitt Meadows

Provide air traffic controller services to private aircraft owners

North Vancouver

Sub Contract Administration - managing sub contractors contracts, payments & hold back releases worth $400 Million annuallyProject Management Assistance to major construction projects such as BC Place, Revelstoke Dam, Kootenay Canal & BC Children's HospitalPreparation of monthly financial statements for a $500 million construction company

Greater Vancouver

Supervision of departmental staff, review and assignment of workload to applicable staff. Act as resource for junior staff in interpreting Legislation

Accounting And Finance

Activities and Societies: Mensa Canada

Bachelor Of Business Administration (Bba), Business Administration And Management, General, 92%

Reserve Police Officer Training, First Class

Activities and Societies: Emergency First Aid CPR Training Cross Revolvers

Graduate Certificate, Air Traffic Services, 96%

Activities and Societies: Meteorology Air Traffic Services Communications

Contract Law

Investments And Securities

Business Administration And Management, General

Education record