The practice of tax is becoming more demanding, driven by a fast-evolving regulatory environment, cost pressures and investor scrutiny, as well as the hardening of tax authority attitudes. This new environment presents new challenges for boards, finance and tax directors, who need to be confident that the tax area is delivering the most value, whilst meeting the demands of the new world.
Deloitte’s Tax Management Consultancy services have been developed precisely to meet the demands of this new and more exacting era for tax. We are helping an increasing number of organisations to respond to the new, more challenging environment.
We can help your organisation to:
· Create
effective tax strategies to support business aims, meet best practice and governance standards and allow measurement of progress.
· Consider whether to
insource or outsource tax compliance and help those that are making a transition from one to the other, or between suppliers.
· Guide your tax department through
major restructuring, for example, on merger or acquisition, or through downsizing or relocation.
· Create
tax risk management frameworks, including risk identifications with measurement tools, internal controls and tax decision making policies and workflow and deadline management systems.
·
Benchmark against comparable organisations across a range of tax function activities.
Consider moving to a post tax reporting environment, consider the cost/benefit, practical issues, and key steps needed to achieve and embed change.
Contact us for more information about this topic.