CFOs brace for the US tax trifecta
Discover tax obligations, managing IP, and tech resiliency
August 2024
CFOs are facing a trifecta of tax challenges: a $4 trillion tax increase, a global minimum tax, and a change in the way regulations are written and reviewed. CFOs need to take a proactive approach to tax management, including advising their boards and considering the pros and cons of repatriating intellectual property. In addition, CFOs need to be prepared for global IT outages and other adverse events.
Some key factors and considerations for CFOs are:
- Proactive tax management: CFOs should consider taking a proactive approach to tax management, including advising their boards and considering the pros and cons of repatriating intellectual property.
- Global minimum tax: CFOs of multinational companies need to be aware of the global minimum tax and how it will impact their businesses.
- Regulatory changes: CFOs must be prepared for changes as regulations are often updated.
- Business and technology resiliency: CFOs should collaborate with their CISOs and CIOs to ensure that their companies are resilient to global IT outages and other adverse events.
- Risk management: CFOs face a diversity of risks, including tax changes, global IT outages, and other adverse events.
Dive into our thinking:
CFOs brace for the US tax trifecta
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