According to the Thomson Reuters 2022 State of the Corporate Tax Department report, almost two-thirds of all corporate tax departments are either at, or near the beginning of their tax technology journey. As a result, understanding how to manage the transition to a more automated, technologically sophisticated department is a top priority for many tax […] … Read More

For corporate tax departments, making the tax technology pitch for an automated solution is a relatively simple one. 1—It will save money by: reducing tax errors and over-payments making the department’s overall operations more efficient reducing IT maintenance costs and reliance on third-party outsourcing   2—It will protect the organisation against: fines and penalties for […] … Read More

Corporate tax teams that want to invest in an automated indirect tax solution can’t simply declare to decision-makers that efficiencies, cost savings, and a host of other benefits will magically start boosting the bottom line once the software is activated. Rather, to make a persuasive case for investment in automation, tax teams must explain: where […] … Read More

Improvements in technology have fundamentally changed tax authority expectations on how much data a company can provide and when. For many companies, digitalisation is the only way to stay compliant as authorities migrate to a real-time, digital indirect tax environment. In a recent webinar organised by Thought Leadership Global in partnership with Thomson Reuters, a  […] … Read More

The ongoing changing landscape of indirect tax processes and reporting obligations has seen the digitisation of tax authorities around the world gather pace. However, that brings, a corresponding impact on tax functions, giving them little time to adapt to this change. From a compliance point of view, there are challenges as multinationals try to address […] … Read More

In the fast-paced technological environment we are living in, the meaning of hybrid working could, and probably will change rapidly over the coming years. What did hybrid working look like to you 20 years ago? What did it look like 2 years ago and where will it be in the next 20 years? I’m sure […] … Read More