Conquer BEPS 2.0 Adoption with The Right Tools and Collaboration
Summary
For the best outcomes, tax professionals preparing for the reform should do so in a collaborative fashion, working closely with other departments and using the right tools to ensure that all needs are met. To develop a truly integrated approach and cope with increasing pressure on their teams, tax leaders need a solution that can pull data from multiple sources and enable collaboration with the finance function. From the ability to book an accrual and calculate GloBE adjustments, filing at a later date, to tracking and potentially restating historical positions, we are working hard to ensure our customer’s success when it comes time for BEPS 2.0 adoption. Tax leaders must move quickly to assess the potential impacts, advise senior executives and other stakeholders on the coming changes, and determine what needs to be done to comply with the new rules and manage their implications. Over 30,000 organizations worldwide rely on us to support business needs in the areas of accounting, finance, operations, supply chain, tax, budgeting, planning, HR, and disclosure management.
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