Keeping track of tax law changes around the world has become a growing challenge for multinationals, many of whom are rapidly expanding their geographic footprint at a time when jurisdictional tax laws are undergoing nearly constant change. Naturally, changes in tax law have an impact on tax planning, as well as tax return preparation and, ultimately, tax cash flows. Those consequences, however, are often preceded by the impact of such changes on company financial reporting.
Meanwhile, the emergence of international shared services and GAAP convergence is putting additional strain on an already resource-constrained tax function. We can help bring greater confidence in your tax reporting, meaning fewer quarter-end and year-end surprises.