Financial Transformation – Are you Prepared for the Next Tier of Tax Management and Operations?

24th May 2022, 08:30 – 10:00 CET

The world has undergone irreversible changes, sending ripples across the once predictable playing field. With perseverance, new concepts like the hybrid workspace sprang forth, offering tangible opportunities for businesses to evolve and expand. The world responded with BEPS 2.0 and the introduction of temporary tax reliefs by changing VAT-regulations. In a thick fog of acronyms, the CFO is placed in the center, expected to navigate a new, ever-changing world of taxation without faltering.

In this episode, we will examine the staging ground, along with the gaps in the organizational infrastructure, to identify the application areas of digital solutions to help accommodate the unpredictable state of taxation.

Hosted by:

Michael Keen
Former Deputy Director of Fiscal Affairs, International Monetary Fund

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EXPERT INTERVIEW
Examining the Shifting European Tectonic Plates of Taxation to Gain Steady Footing
Michael Keen, Former Deputy Director of Fiscal Affairs, International Monetary Fund

As tax issues steadily grow more complex, organizations are faced with the challenge of meeting the expectations of shifting regulatory mandates. Keeping up with BEPS and a veritable sea of acronyms can put unnecessary strain on the financial department.

This requires that the responsibilities of the tax- and finance department functions entirely expand. An introduction of new models in tax process standardization and integration is a must in order ensure successful financial transformation, and crucial when trying to reach strategic as well as financial goals.
EXPERT INTERVIEW
EXPERT INSIGHT
Expanding Interdepartmental Collaboration to Redefine Taxation Management

Attaining revolutionary financial- as well as tax transformation requires drastic workload modernization by means of digital operational facilitators such as automation and digitization. This requires that the responsibilities of the tax- and finance department functions entirely expand. An introduction of new models in tax process standardization and integration is a must in order ensure successful financial transformation, and crucial when trying to reach strategic as well as financial goals.
EXPERT INSIGHT
EXPERT Q&A
Leveraging Transformation of the Finance Function to Attain Workflow Optimization

The full scope of the transformation that your financial department needs to undergo requires multiple lines of thought to be interwoven with a singular goal in mind – modernization. Surpassing the increased expectations regarding management of taxation, as well as implementing operational improvements to bolster efficiency need to be balanced in order to keep up as a financial department.
EXPERT Q&A

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