How tax departments can “get ahead of the curve” and build a global compliance and reporting infrastructure
In the ever-changing world of tax regulations, marked by growing demands for transparency and fairness, tax and finance professionals must navigate increasingly strict disclosure requirements designed to increase corporate tax contributions. The Global Minimum Tax (GMT) regulations have introduced new complexities, particularly for companies with international operations. This paper offers practical strategies to efficiently use data and improve tax workflows, even with limited resources, to comply with GMT’s reporting demands. It’s a vital resource for CFOs, tax directors, and their teams, providing essential insights to proactively manage and excel under GMT’s requirements.