The opportunities to innovate the tax function are vast, but you won’t know where to start or how to move forward without understanding all the potential outcomes. Cost efficiency is just part of the story. Think about value more broadly to unleash the full power of tax transformation.

KPMG research shows that the majority of corporate decision-makers want tax functions to play a more strategic role in the overall business and deliver greater benefits across the organization. While opportunities to innovate and modernize the tax function are vast, you don't know how to move forward without defining what value really looks like.

As you’ll soon see, it is more ambiguous than you think.

 

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The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your tax adviser. This article represents the views of the authors only, and do not necessarily represent the views or professional advice of KPMG.