Cultivating trust in unpredictable times
Tax departments are poised to lead their organizations into a more resilient and empowered future.
In today’s rapidly evolving legislative and regulatory landscape, including both the widespread adoption of generative AI, and a dynamic workforce transformation, the moment for tax departments to step up and lead is here.
"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
The complexities facing tax departments are reaching new heights. But while C-suite leaders largely agree that the current environment in tax is more challenging than ever before to predict and plan for, tax leaders are hopeful about the opportunities ahead.
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.
Generative AI : the missing puzzle piece
For tax departments, AI is no longer a new frontier or abstract concept. And as companies infuse AI into everything they do, they’re met with new hurdles as professionals learn what AI integration looks like in practice.
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
Many organizations recognize the need for external support to help their tax department’s efficiency, impact and overall influence.
Tax Reimagined Report 2024
Review what’s top-of-mind for C-suite leaders as tax departments face unprecedented levels of disruption.