Building a tax function fit for the future

      KPMG’s Tax Transformation services help companies to proactively design and build how they deliver tax requirements in a world where what they need to deliver is ever changing.

      We are helping companies to design leading tax functions with a focus on people, process, technology, and governance, while also seeking to address tax risk, reputation, and compliance.

      Why transform?

      The world is evolving and digitizing at pace and tax functions need to transform to keep up. The environment tax leaders operate in has dramatically changed. Economic uncertainty is pressuring companies to cut costs and drive efficiencies; and tax authorities continue to innovate how they administer and collect tax using technology and data.

      Frequently seen triggers for Tax Transformation can include:

      • End-to-end operations or finance transformation
      • New legislative and/or regulatory requirements such as real-time reporting or e-invoicing
      • ERP system changes
      • Internal and/or external audit findings
      • Changes in key tax or finance personnel
      • Budget pressures
      • Mergers and acquisitions activity

      How KPMG can help

      Tax Transformation starts with a clear tax vision and strategy aligned to the business objectives of the wider organization. Our approach can help you to design and implement a leading tax operating model to enable you to realize value while you manage tax risk, reputation, and compliance.

      Using our Powered Tax methodology, KPMG's Tax Transformation teams can help tackling these challenges focusing on the following key areas:

      KPMG's Tax Transformation services professionals help organizations actively contribute to finance transformation projects helping to ensure that tax requirements are built in and tax is positioned as an enabler. We can streamline processes and help design a sourcing model which best suits business objectives and wider organizational goals across the whole spectrum of outsourcing, in-sourcing and, co-sourcing.

      We can help organizations ensure existing finance and/or enterprise resource planning (ERP) systems are properly tax sensitized to provide standardized tax determination and reporting functionality across the business, as well as put in place tools to help ensure effective Country-by-Country reporting requirements are met and enable informed strategic decisions and improve performance.

      Target operating model

      Download

      Tax Transformation: Building a Tax Function fit for the future

      Learn more on KPMG’s Tax Transformation services that help companies proactively design and build how they deliver tax requirements in a world where what they need to deliver is ever changing.


      Our insights

      Tax policy, artificial intelligence and talent

      Summary report: 2023 KPMG Global Tax Function Benchmarking Survey

      Geopolitics, tax policy and society in flux

      Navigate the future of tax: pressing business issues and opportunities facing tax and business leaders today.


      Of further interest

      KPMG Tax Reimagined professionals can help organizations transform their tax functions through a holistic approach that integrates people and process optimization, technology implementation, and strategic advisory.

      The single platform solution that gives you access to the full suite of KPMG Tax & Legal Technologies you use.


       

      Outcome-driven functional transformation

       


       

      KPMG's Global Compliance Management Services professionals can help organizations streamline their compliance processes, enhance accuracy, and reduce administrative burdens.


      Our people

      Susie Cooke
      Susie Cooke

      Global Tax Transformation Leader

      KPMG International

      Connect with us

      KPMG combines our multi-disciplinary approach with deep, practical industry knowledge to help clients meet challenges and respond to opportunities. Connect with our team to start the conversation.

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