To use our embedded media player, please install the latest version of Macromedia Flash Player. Tax compliance is a major headache for any business, but for a multinational company with far-flung business units, it’s more like organizing a climb of Mount Everest with people who don’t know each other or speak the same language. Multinationals are obliged to cope with changing regulatory requirements, different currencies, multiple languages and inadequate systems that do not capture the right data. These complicated logistics force many companies to conduct a scavenger hunt to obtain the correct data from staff who have no direct reporting lines. Listen to Brian Claire and Mark Thompson, both partners of Deloitte Tax LLP, as they discuss the issues of noncompliance and whether chief financial officers have been looking through the wrong end of the telescope by concentrating on the risks of noncompliance rather than on the advantages of compliance. (47 minutes) Related Content:
Handbook: How High is the Top — Managing Global Tax Compliance
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