Sustainable tax savings
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Historically, the company’s competitive advantage has been new product development. Much of the company’s capital investment over the past decade has been allocated to improving its manufacturing and research and development facilities to make them more flexible and adaptable to new product development. CableCo wants not only to sustain but also to strengthen its process and product innovation capability through continuing internal improvements and selective acquisitions. But the entire industry is experiencing fierce competition, depressed revenues, transformational innovation, and a lingering capacity glut.
As a member of the PwC team assigned to the client, you must provide superior client service and promote team efficiency. The team's first order of business is to conduct research to better understand industry tax savings practices.