- KPMG International conducts a survey on tax functions in multinational organizations.
- The survey provides insights into the structure, governance, priorities, and performance measures of tax functions.
- The latest results show that strategic value is prioritized over cost minimization in tax functions.
- Companies are centralizing tax operations, improving efficiencies, and expanding their tax teams.
- Challenges include a shortage of tax talent and complexities in tax transformation projects.
- The report presents key findings and takeaways for tax leaders.
- The survey includes participants from various sectors and jurisdictions.
- Tax leaders can still participate in the survey to receive personalized insights.
- Tax functions face disruption from geopolitical turmoil, the pandemic, and technological transformation.
- There is internal pressure to cut costs in tax functions.
Source: assets.kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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