Tax Strategy, Policy and Control Framework
The requirement for a strong tax function to manage risks, reputation, compliance has become critical in the new evolving tax environment.
Significant shifts in the international tax landscape such as Country by Country Reporting (CBCR), BEP’s Pillar 2, requirement demands greater public disclosure, and adds to the growing burden of tax administration, complexity and reporting for businesses.
Increase in aggressive tax audits and potentially greater uncertain positions
Significant changes in regulatory and fiscal environments
Global operations inherently difficult to manage from a tax perspective as a result of complexity/ judgment/uncertainty/communication/geography/language/cultural difference/time zones
Tax authorities requiring evidence of tax strategy, control and risk management
Internal and external audit requirements
Financial reporting and disclosures
To meet the growing tax challenges businesses will need to develop strong tax functionality with risk management, controls and governance to
Create, optimize and protect value of the business
Embed tax policy & governance
Manage a wide range of tax risks
Ensure overall, compliance with the tax laws and reporting obligations
Provide Board and C level reporting
Our services
Eton Rose Consulting can offer bespoke tax policy, strategy and risk management services to our clients.
Our team have developed tax strategy, policy and risk management frameworks for: