Tax & Accounting Blog

The GenAI paradox: Why most tax departments aren’t using AI yet, and what early adopters are gaining

The GenAI paradox: Why most tax departments aren’t using AI yet, and what early adopters are gaining

Generative artificial intelligence (GenAI) has dominated business headlines for the past two years, promising to revolutionise everything from customer service to financial analysis. Yet when it comes to corporate tax departments, a striking gap exists between the hype and reality. According to the Thomson Reuters Institute’s 2025 State of the Corporate Tax Department report , two-thirds […] … Read More

How the Undertaxed Payments Rule (UTPR) in 2025 will increase compliance complexity for multinational enterprises

How the Undertaxed Payments Rule (UTPR) in 2025 will increase compliance complexity for multinational enterprises

  Highlights: A new global tax rule (UTPR) starts in 2025 to ensure large multinational enterprises pay at least a 15% effective tax rate worldwide, even if the main rule doesn’t apply. Compliance will become more complex, as each country may implement the rule differently, requiring companies to monitor and adjust for tax rules in […] … Read More

30-day market entry: How indirect tax technology determines success

30-day market entry: How indirect tax technology determines success

Consider two companies, both of which want to enter a new market within 30 days.     One company has been putting off investment in new tax technologies, so it is struggling to keep up with the local filing rules and compliance deadlines. This company’s tax department is also having trouble with unanticipated regulatory changes, jurisdictional […] … Read More

How to navigate indirect tax challenges in technology

How to navigate indirect tax challenges in technology

If your indirect tax function is constantly reacting to issues, under-resourced, and exposed to significant risk, you are certainly not alone in the UK technology sector.  Our latest infographic, “Navigating indirect tax challenges in Tech,” uncovers surprising insights into the true state of play for the Technology, Media, and Telecommunications (TMT) sector.  Many indirect tax departments face […] … Read More

How CFOs in tech transform indirect tax to a strategic asset

How CFOs in tech transform indirect tax to a strategic asset

In today’s world, tax, finance, and IT leaders in large technology companies must deliver effective indirect tax and e-invoicing strategies while contending with ongoing resource constraints, evolving cloud services, restructures, real-time tax compliance demands, and jurisdictional flux. Despite these challenges, leading tax teams are adapting and transforming their approach, ensuring indirect tax becomes a pillar […] … Read More

Brazil tax reform preparation for indirect tax pros

Brazil tax reform preparation for indirect tax pros

Are you ready for Brazil’s tax reform? Amidst global political shifts and economic uncertainties, the Brazilian government embarked last January on a significant undertaking to overhaul its indirect tax regime. For tax professionals, this presents a unique opportunity to lead their organisations through a transformative process. With the recent sanctioning of Complementary Law No. 214/2025, […] … Read More