Tax Reimagined 2024: Perspectives from the C-suite
Tax departments solidify their value in times of immense transformation
Find out what's top of mind for the C-suite in 2024
Download PDFCultivating trust in unpredictable times
Tax departments are poised to lead their organizations into a more resilient and empowered future
With constant legislative and regulatory changes, the rise of generative AI, and dynamic workforce shifts reshaping the business landscape, the moment for tax departments to step up and lead is here. Tax possesses the unique potential to foster trust amid a kaleidoscope of business disruptions. The key lies in strategic actions, innovative tools, and leveraging the investments of external providers.
"Chief Tax Officers are leading their organizations into an era of opportunity. Using data, tax departments can exert their strategic influence and continue driving stakeholder trust."
Rema Serafi, Vice Chair - Tax, KPMG US
Mastering the maze of change
In line with past survey findings, the top disruptors impacting corporate tax functions – around talent and emerging technologies – are still top-of-mind for the C-suite.
Our survey shows a rising trend: leaders increasingly value tech-savvy hires. In today’s evolving tax landscape, embracing innovation isn't just an advantage – it's a necessity.
Kevin Jackson
National Managing Partner – Tax, KPMG US
Generative AI: the missing puzzle piece
A vast majority of leaders (88%) believe generative AI is the key to helping their organizations navigate the challenges brought on by Pillar Two.
Tax departments: A steadying force
It's not just about streamlining processes or crunching numbers; tax professionals working with generative AI can provide a revolutionary step forward in leveraging data and knowledge to fuel accuracy, insights, and strategic innovation in tax management.
Brad Brown
Chief Technology Officer – Tax, KPMG US
Dive into our thinking:
Tax Reimagined Report 2024
Review what’s top-of-mind for C-suite leaders as tax departments face unprecedented levels of disruption.
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