Proactively managing the tax, regulatory compliance and governance issues related to pricing decisions
Organizations with World-Class Tax and Regulatory Effectiveness Capabilities:
Adhere to a “tax-aligned” philosophy in assessing all initiatives and opportunities, measuring results on after-tax metrics
Achieve and maintain an Effective Tax Rate (ETR) which is a competitive advantage
Extend the value proposition of initiatives by seeking to cross-pollinate tax opportunity areas
Improve visibility to tax important data throughout the enterprise, thereby enhancing tax opportunity identification / realization, tax risk mitigation, and tax-process efficiency
Optimize the enterprise’s ability to efficiently and effectively operate within the applicable regulatory environment by instituting “individual-level” actionable processes, monitoring compliance, incentivising adherence, and facilitating rapid remediation