The environment in which tax managers operate has changed dramatically.Lingering economic uncertainty is increasing pressure on many companies to cut costs and on tax authorities to boost revenues. Companies are expected to improve their governance, accountability and transparency in all areas, including tax.

Regulation will require more disclosure of global tax data to tax authorities and in some cases publicly as the public and governments demand that companies pay a ’fair share‘ of tax where they earn their profits.

As companies face mounting business challenges, our Tax Management Consulting team helps them to build and operate leading tax functions and to manage their tax risk, reputation and compliance in a world that is increasingly regulated.

Our Tax Management Consulting team tackles these challenges with approaches in three key areas:

• Governance: What is your strategy and how do you implement it?
• Compliance: How can you meet tax rules efficiently and effectively?
• Technology: How can tax technology improve efficiency and control?

 

How clients benefit

We help clients establish a clear tax vision and strategy aligned to the business objectives of the wider organization. Our approach articulates how the tax function will deliver value, maps the processes and controls needed for effective risk management and offers benchmarks and key performance indicators to demonstrate success.

We help clients actively contribute to finance transformation projects to help ensure that tax requirements are built in and tax is positioned as an enabler.

Backed by tools such as TaxSoft, our professionals deliver on all aspects of tax reporting and help clients go beyond compliance to achieve competitive advantage.

We know how to leverage technology to help organizations enhance effective management of tax and mitigate risks. This can free up vital resources, enablin clients to spend less time on compliance and validation activities and more time on strategic priorities.

We help organizations ensure existing finance and/or enterprise resource planning (ERP) systems are properly tax sensitized to provide standardized tax determination and reporting functionality across the business to facilitate informed strategic decisions and improved performance.