At-a-glance highlights for tax leaders in the manufacturing sector

KPMG International conducted an ongoing survey of the tax functions in multinational organizations around the world. The report presents an overview of selected key findings from the survey data collected from 1 October 2022 through to mid-2023 of almost 200 tax leaders and offers insights into tax functions globally and how they are evolving their structures, governance, priorities, and performance measures, through the use of technology and more.

• KPMG International’s Global Tax Function Benchmarking Survey charts the evolution of leading tax functions and identifies operational benchmarks for high-performing tax teams. 
• The selected findings in this summary report are based on a survey of almost 200 leaders in charge of tax policy and operations of companies in all major sectors, with participants from 22 jurisdictions worldwide. 
• Over 65 percent of respondent organizations have more than US$5 billion in annual revenue or turnover. About 90 percent have global tax functions serving operations in multiple countries/jurisdictions