Special report global tax audit and controversy risk management introduction we have maintained in our publications and workshops over the years that managing tax risk is one of the greatest challenges for tax departments around the world creating the opportunities to build lasting world class relationships with revenue services . The trend proactive versus reactive today companies report a significant increase in the time they spend identifying managing tracking and responding on tax risk the number of companies who spend at least 20 of their time on tax risk increased over the last two years from 16 to 25. Special report global tax audit controversy risk management by prof d n erasmus thomas jefferson school of law danieldnerasmuscom introduction we have maintained in our publications and workshops over the years that managing tax risk is one of the greatest challenges for tax departments around the world creating the. Previous next global tax transparency and risk management the challenge the rapidly evolving global tax landscape requires a critical examination of todays tax function for many organisations change may be needed to address capability gaps and better manage risk this article highlights how the tax landscape is changing but more. Global tax compliance and reporting current insight and future trends 1 with this in mind we felt it essential to look beyond in house management of global tax compliance and reporting businesses were beginning to make use of global tax compliance and reporting current insight and future trends 7 operating models
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