Tax function of the future thought leadership series
Tax as a critical component in every Finance transformation
This piece explains why it is critical for Tax to be an integral part of these initiatives from the outset. We not only explore the reasons for transformation, examples of how Tax should be involved, and the potential benefits and pitfalls, but also suggestions for how to get started and develop a roadmap for change.
The global predictions we present in this series cover six main topic areas:
- Global legislative and regulatory landscape
- Tax function’s role in risk management and governance
- Data flow into the tax function
- Technology automation for tax function analytical tasks
- Tax function roles and processes
- The tax professional of the future
This fourth part in PwC's thought leadership series, Tax Function of the Future: Tax as a critical component in every Finance transformation, turns our attention to broader Finance transformation efforts that have been occurring more recently.
Explore our complete series
In the first part of the Tax Function of the Future: Reshaping the Tax Function of the Future, we outlined our predictions concerning the new challenges facing the tax function and why they (and other) functions will have to adapt to remain relevant.
In the second part of Tax Function of the Future: Global tax transparency and risk management, we explored predictions relating to global tax legislation and regulation, as well as risk management and how legislative and regulatory change will mandate transformation.
In the third part of Tax Function of the Future: Unlocking the power of data and analytics, we discussed our predictions around how streamlining the data collection and management process enables the tax function to, shift its focus from gathering data to analysis and strategic participation within the organisation.
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