Posted by Beth Mueller on April 13, 2017
Talk about a full-court press. Tax authorities, tax fairness activists, and to some extent, a discontented public have driven tax law changes and new standards for financial reporting for tax purposes in the years since the 2008 financial crisis. They seek greater certainty that companies are paying their fair share of taxes. A new tax compliance culture—on both sides of the tax reporting equation—is the result, and data and analytics are at the heart of that change.