Tax function of the future as an integrated part of the finance function

The integration of the tax function with the finance function can result in a number of advantages for a company’s business operations. Consequently, it is important that a company reviews, at an early stage, the manner in which the tax function can be integrated in conjunction with a change or changes in the company’s finance function.

PwC’s report, ”Tax as a critical component in every Finance transformation” is the fourth report in PwC’s report series – Tax Function of the Future. These reports examine and describe the tax function of the future and the methods whereby today’s such functions will need to be changed in order to comprise a strategic asset in the company’s future business operations.

In this report the focus is on the importance of the tax function as an integral part of a broad spectrum of changes in companies’ finance functions. The report examines the underlying reasons for the change processes, the manner in which the tax function should be incorporated, potential possibilities and risks, and presents proposals for how a change process in this context can be initiated and structured.

In order to successfully implement changes in a finance function and, thereby, achieve enhanced operational efficiency, it is decisive that the tax function is also incorporated from the very beginning of any change program. Feel free to contact one of us if you would like our assistance in initiating this important change already, today.