The Organisation for Economic Cooperation and Development’s (OECD’s) Base Erosion and Profit Shifting (BEPS) project represents a fundamental change to the global tax system. BEPS is already elevating the strategic profile of tax departments within multinational corporations. As leading tax and business minds around the globe flesh out what the post-BEPS world will look like, it’s becoming apparent that the tax function’s performance – and its strategic credentials – will hinge on its ability to address the massive data management challenge that BEPS and related disruptions create.
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