Improving Business Outcomes by Overcoming the Challenges of Integrated Financial and Tax Reporting

Company News

Organisations are under increasing pressure to deliver accurate, timely, and transparent financial and tax reporting. Despite shared goals, data and timelines, finance and tax teams can often be disconnected, creating process inefficiencies, compliance risks and missed opportunities. Aligning both functions can drive better business outcomes, but integrating them remains a complex challenge for many organisations…

Five Data Best Practices for Pillar 2 Success

Company News

Without a clearly defined data strategy Pillar 2 could be the largest liability you are currently facing. Pillar 2 compliance is not simply a tax issue; it is a data challenge. The legislation demands potentially thousands of data points from various sources, which need to be collected, aggregated and reconciled consistently, accurately and on time. For in-house…

Why Excel Spreadsheets are Untenable for Pillar II Compliance

Company News

If your teams are battling spreadsheets, you are already behind with Pillar II. Tax and finance teams are already stretched by the granular, entity-level data requirements of Country-by-Country Reporting (CbCR). Now, Pillar II (the global minimum tax) will introduce over 150 new data points per entity. In practice, this means collecting, reconciling and reporting thousands of data points.…

Is Your Business Tax Data Ready for Pillar II Compliance

Beyond Impact Assessments – Is Your Organisation’s Tax Data Ready for Pillar II Compliance?

Company News

With the introduction of the BEPS Pillar II regulations, businesses globally face a new set of compliance challenges. For major multinationals Pillar II compliance is now required and will mean a significant data challenge across jurisdictions. However, it also provides a unique opportunity to rethink and enhance existing processes and leverage advanced systems to meet the…