Corporate tax functions experience significant operational challenges due to ever expanding regulatory requirements coupled with a tight market for experienced people and the impact of low investment in the tax function over the years. The ability of your tax function to deliver value depends on how well you adjust to the challenges that in many companies have resulted in internal control deficiencies, financial restatements, resource shortages and, in some cases, a general loss of confidence in the tax function.
PricewaterhouseCoopers’ Tax Function Effectiveness (TFE) services aim to provide a flexible, comprehensive solution to meet your tax function's performance needs. We offer assistance with needs such as:
PwC’s Tax Function Effectiveness (TFE) Services are designed to provide flexible, yet thorough, solutions to help improve the operational performance of the tax function that may result in lower risk and higher quality deliverables in tax accounting, compliance, controversy and tax planning. PwC’s TFE network — both in Canada and globally — consists of experienced tax accountants specializing in technology, process improvement, change management, project management and organization design.
How PricewaterhouseCoopers can help
Our TFE team will work with you to help increase your tax function’s effectiveness via seven critical performance areas — people, organization, processes, technology, strategy, data and controls — which may help you reduce risk while increasing efficiency and effectiveness in your tax accounting, compliance, planning, and tax audit defence.
Our TFE team can help you improve the operational performance of your tax function with a variety of services including:
We also have access to a global network that has successfully delivered tax function effectiveness engagements to both public and private companies in a variety of industries in more than 70 countries.
Contact a member of our team to learn more.