Financial Foresight: Insurance Tax Department Transformation
Process, data, and organizational considerations
At a time when both revenues and resources are scarce, insurance companies are transforming their tax processes, data, and organizations to gain a competitive advantage in today’s challenging business environment.
According to a July 12, 2011, online poll of more than 200 insurance executives conducted by Deloitte Tax LLP, 12 percent say their companies have already transformed their tax functions and 67 percent report that such a transformation is under way. Only 21 percent say that their companies have considered, but have not yet started, to transform their tax functions.
This issue of Financial Foresight will cover:
- Process improvement
- The tax life cycle
- Data management
- Designing flexible and scalable tax organizations
Download the PDF attachment below to read the full issue.