Tax Journal recently conducted a survey, in association with Engaged Consulting, to assess the views of large businesses on tax strategies. Tim Law (Engaged Consulting) comments on the key findings.
Tax Journal partnered with Engaged Consulting to assess views of large businesses on tax strategies. Senior respondents from 47 large businesses – all of whom were in-house tax directors or heads of tax – took part. The findings are set out overleaf. My comments on the highlights are below.
Tax strategy
It is reassuring to see that over 70% of the businesses responding have a Board approved tax strategy (see Q1) although only about half of those publish even selected content from that strategy (Q7). My suspicion is that many of these businesses will have developed their tax strategy five to ten years ago at a time when it was an internal governance document. Publication would require...
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Tax Journal recently conducted a survey, in association with Engaged Consulting, to assess the views of large businesses on tax strategies. Tim Law (Engaged Consulting) comments on the key findings.
Tax Journal partnered with Engaged Consulting to assess views of large businesses on tax strategies. Senior respondents from 47 large businesses – all of whom were in-house tax directors or heads of tax – took part. The findings are set out overleaf. My comments on the highlights are below.
Tax strategy
It is reassuring to see that over 70% of the businesses responding have a Board approved tax strategy (see Q1) although only about half of those publish even selected content from that strategy (Q7). My suspicion is that many of these businesses will have developed their tax strategy five to ten years ago at a time when it was an internal governance document. Publication would require...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
