ThomsonReuters

NOVEMBER 7, 2024

.” Tax departments typically realize the greatest efficiencies from automating IDT calculations and other routine functions, because automation: Improves compliance with tax regulations that require immediate transfers of indirect tax data.

Tax

ThomsonReuters

APRIL 15, 2025

Enterprise resource planning (ERP) systems have become an essential component of modern business operations. For corporate tax professionals and chief financial officers (CFOs), understanding how an ERP system works is crucial for successfully managing financial data, ensuring regulatory compliance, and improving overall business performance.

Technology

ThomsonReuters

NOVEMBER 12, 2021

Corporate international tax planning is a major challenge for companies that do business in multiple countries. To be aware of pitfalls such as international double taxation — being taxed for the same income in two different countries — they must plan strategically.

tax planning

ThomsonReuters

OCTOBER 24, 2023

According to the “2023 State of the Corporate Tax Department” report by Thomson Reuters Institute, it is unsurprising that the primary objectives of corporate tax departments for the upcoming year, as indicated by 70% of respondents, revolve around enhancing operational efficiency. The time to act is now.

Technology

ThomsonReuters

FEBRUARY 9, 2024

Under this act, if a corporation’s CEO or highest-paid employee’s compensation exceeds 50 times the median worker’s pay, the corporate tax rate would be increased by a penalty determined by the legislation. Firms must prepare for potential shifts in tax liabilities and advise clients accordingly.

Tax