Beyond legal requirements, an organisation’s tax strategy must be intrinsically linked to the commercial and overall strategic objectives of the business.
A Tax function’s ability to deliver value depends on how well it’s able to adjust to today’s ever evolving regulatory changes, while supporting the company’s business strategy. Too many corporate Tax functions are struggling to address operational ineffectiveness, or may have been impacted by a recent merger or acquisition, and senior executives are taking notice.
Understand and be prepared for changes in the strategy and requirements of tax administrations and regulators
A key challenge for companies in the current environment is to consider how best to respond to a landscape which continues to evolve.