BDO's Tax Transformation Guide

The role of the tax function is changing. Digitization is shrinking the globe and making everything more connected. Tax regulation and legislative changes are requiring companies to have processes and systems in place in order to comply.

Today's tax professional is charged with advising senior management on the tax implications of strategic business decisions while simultaneously leading initiatives to directly support the organization’s financial objectives and help facilitate growth. Demands on tax professionals have never been higher. This is where tax transformation comes in.

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Four Dimensions of Tax Transformation Maturity

Tax transformation is the journey from where you are today to where you want to go – and every business is at a different stage in that journey. Before embarking on the transformation path, businesses should take inventory of these four dimensions: data, technology, process, and people. Incremental improvements are possible at each stage; however, the dimensions are all interconnected and integral to a holistic approach.



BDO’s Tax Transformation Guide outlines how middle market companies can transform their tax practice to navigate the increasingly complicated web of tax laws and regulations, increase the tax department’s adaptability and help gain insights to inform and drive business strategy. No two businesses will have the same tax transformation journey. This guide lays out key steps to develop and begin to execute a comprehensive strategy that balances the long-term vision with realistic short-term achievements.

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