A new tax landscape of transparency and assurance
Regulatory requirements are increasing, business and finance transformation is commonplace, and regulators and boards are demanding that tax risks are effectively managed.
Having an appropriate strategy for tax supported by a robust risk management framework is more important than ever in this fast changing world.
New ATO expectations
Companies must now establish, operate and evidence a tax governance and risk management framework which goes beyond tax technical risk. It must consider tax risks in the wider context of people, process, data and technology.