How platform technologies can drive value in tax and finance functions

Time is at a premium for today’s tax functions, given the increasing reporting and compliance burden over the last decade. This means tax functions are spending more time on activities such as reporting and file preparation. The cost of compliance is an added consideration, for example, with transfer pricing (TP) relating to intercompany transactions on both goods and services. The cost of not acting is greater still – reactive, suboptimal or even inaccurate TP calculations and adjustments give
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