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

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 cloud solutions change the game for tax professionals

How cloud solutions change the game for tax professionals

Artificial intelligence (AI) and cloud services have firmly established themselves in the tax technology landscape. Understanding which technology trends will endure versus those with uncertain futures is essential for tax professionals navigating this rapidly evolving environment.   Redefining indirect tax Process improvement is a given, and automation is music to the ears of any tax […] … 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

The corporate tax GenAI evolution: Five key tensions your department should address

The corporate tax GenAI evolution: Five key tensions your department should address

Highlights:  Corporate tax leaders express strong enthusiasm for generative AI but face significant challenges in its effective adoption. A substantial gap exists between corporate tax professionals’ belief in GenAI’s utility and its actual widespread implementation. Departments rarely measure GenAI’s return on investment and often lack essential governance policies for its use. Organisations largely fail to […] … Read More

The time is now: Preparing your corporate tax department for the AI revolution

The time is now: Preparing your corporate tax department for the AI revolution

  Highlights:  4% of tax professionals welcome new technology, with 42% exploring AI AI enhances rather than replaces tax professionals, acting as a “digital junior resource” for repetitive tasks Successful AI integration requires building trust, experimentation, and starting with accessible tools in existing systems Responsible AI demands attention to privacy, bias prevention, and oversight, with […] … Read More