Tax Function of the Future

A look forward at tax strategy and transformation

Meet tomorrow’s needs, today

Tax’s role in the world’s business environment continues to be in the spotlight, but the tax function of today is not designed for the regulatory, data, people and process demands of tomorrow. We highlight the challenges and illuminate the opportunities that result from US tax reform, emerging technology and changes in workforce strategy.

Tax should re-evaluate its operating model...now?

Tax functions have been experiencing a ‘perfect storm’ of competing priorities during this compliance season, including their need to pivot to a virtual work environment. There is a growing sentiment to think broadly and examine whether the Tax function’s historic operating model can meet the organization’s goals going forward.

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Leverage lessons learned to build operational resilience

Tax functions are prioritizing competing imperatives – not only their core compliance obligations, but many new tasks such as analyzing legislative and economic changes around the globe. At the same time, Tax must manage broader business drivers such as cost reduction. Doing all of this virtually has created challenges and placed a spotlight on inefficiencies and weak points.­

 

 

As organizations think through their 'new normal' while overcoming the challenges of the pandemic, what levers can you push or pull in order to build resilience?

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Featured insights

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PwC's Tax team

Marjorie Dhunjishah

US Tax Reporting & Strategy (TRS) Leader, McLean, PwC US

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Christopher Kong

APA, Network and US Inbound Tax Leader, US Inbound Tax

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Michael Shehab

US Technology and Process Leader, PwC US

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Michael Shehab

Michael Shehab

US Technology and Process Leader, PwC US

Marjorie Dhunjishah

Marjorie Dhunjishah

US Tax Reporting & Strategy (TRS) Leader, PwC US

Christopher Kong

Christopher Kong

APA, Network and US Inbound Tax Leader, US Inbound Tax

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