In their quest for new revenues, governments are starting to act a little more like multinationals. To cope with this, companies will need to raise their game.
GCR is a vital topic for discussion – not just in the tax function, but among the entire executive team.
Being a master technician at the helm of the “black box of tax” is certainly not the only required skill for the global tax director today; in addition, they increasingly need to be a “tax diplomat.”
Globalization is pushing companies to expand overseas, while also forcing them to consolidate finance functions. This in turn is creating new pressures.
Gaining a better global appreciation of tax risks across numerous jurisdictions is getting harder than ever for multinational companies.
Global companies are rethinking the mix of internal and external skills in order to cope with local tax compliance and reporting needs.
A new, tighter world of rules and policies is emerging, which is pressuring tax and finance teams in a range of ways.
The country’s wide-ranging efforts to put government online have helped cut corruption and create a highly efficient business environment.
Globalization and efficiency pressures are compelling firms to rethink their finance function. In doing so, there is an opportunity to improve global compliance and reporting.
Large multinationals may be most often in the spotlight, but tax is often most taxing for small and midsize companies.
One of the crucial enablers of an efficient tax function is a standardized approach to business processes and data management.
According to CB Bhattacharya, a professor of corporate responsibility, companies are starting to interact with external stakeholders in new ways.
Estonian President Toomas Hendrik Ilves talks to T Magazine about the key elements of his country’s efforts to bolster its competitiveness.
Increasingly complex tax policy environments are driving firms to build stronger relationships with regulators.
The financial crisis is pushing companies to engage in wide-ranging exercises to transform their finance functions.
Global firm, local tax – Microsoft’s operations now span well over 100 countries, with great scope for consolidation, but retaining a clear need for local tax expertise.