Key points
- Businesses need a strategic and focused approach to managing their tax operations.
- Good governance is no longer a nice-to-have for any size organisation.
- A simple but structured approach can improve an organisation’s identification assessment and management of tax risk.
- The tax function must operate effectively and have an optimised tax delivery model through better use of people process and technology.
- Not all businesses are the same and they will have different facts circumstances and different priorities.
There is never a holiday season for tax especially when it comes to managing tax risk and ensuring tax operations are appropriately structured and controlled.
Tax risk is a key strategic risk for a business and is increasingly on the board’s agenda. As our world becomes ever more complex and the drive from governments and tax authorities unrelentingly moves towards self-accountability and self-regulation boards...