Business Issue
A tax function’s ability to deliver value depends on how well it is able to adjust to today’s ever-evolving regulatory changes, while supporting the company’s business strategy. Too many corporate tax functions are struggling to address operational ineffectiveness. Expanding regulatory requirements and limited resources means that most tax departments are trying to accomplish more with less and senior executives are taking notice.
Description of Services
The Tax Function Effectiveness service offering provides flexible, but thorough, solutions to help improve your tax function’s performance while reducing your risk. We start by providing you with insight into the current-state of your tax function operations. Our holistic and scalable approach will directly impact efficiency and effectiveness, including people, process, technology, and data.
PwC can assist with the following:
· Tax Transformation
· Organizational Design
· Functional Effectiveness
· Accounting Remediation
Target Client
Businesses undergoing transactions, finance or IT transformation, changes in tax or finance leadership. Companies recently reporting a material weakness in accounting for taxes.