Global tax information reporting requirements continue to grow. Enhanced disclosure of tax-relevant information is becoming the new standard for business. Stakeholders and regulators are demanding that risks are effectively - and transparently - managed.
In the second publication - linked below - in our Tax Function of the Future thought leadership series, we focus on global tax legislation, risk management and how legislative and regulatory change will mandate transformation.
- What does this mean for tax operations, strategy and budgets?
- Is your company prepared to manage the increased risks that are likely to arise in an evolving global transparent tax landscape?
Companies will need to think creatively and strategically about ways to address risk while proactively engaging their broader organisation and potentially the public. The time is now for companies to create a multi-year plan to expand their tax function capabilities, integrate new reporting requirements, and provide the business case for operational investments.