BDO 2022 Tax Outlook Survey Report
With global tax reform imminent and a lack of clarity around domestic tax policy, tax executives continue to struggle with the pace of change. Even as they turn to technologies to stay abreast of regulatory developments, they are encountering hurdles to end-user adoption and training.
Meanwhile, total tax liability is still increasing — at the end of last year, nearly three-quarters of tax executives expected their total tax liability to rise even more this year — but business leaders are consulting with their tax departments less often on decisions that can affect their companies’ tax positions.
Where does this leave the tax department? Our 2022 BDO Tax Outlook Survey polled 150 middle market tax executives to understand the challenges they are experiencing, their outlook on the rapidly evolving global tax landscape and how they are planning to adapt and perform through uncertainty in the upcoming year.
