CFO Insights: What CFOs want from chief tax officers
May 31, 2018
On May 31, 2018, our US firm released a publication on how the rapidly changing tax environment poses many challenges, but also new opportunities for CFOs and chief tax officers to effectively work together to execute on an organization’s strategy.
As companies process the implications of tax reform, they may be discovering that there is not much that’s simple about it. In the process, the importance of the tax function—and, in particular, the chief tax officer’s role—has taken on new meaning.
In fact, in the Q1 2018 CFO Signals™ survey, some 33 percent of CFOs noted that the fallout from tax reform is leading them to strengthen or restructure their tax functions (see "Transforming tax in an age of reform," CFO Insights, May 2018). Moreover, given the complexity of implementing the law (60 percent) and the difficulty in communicating its implications (30 percent), CFOs are expecting more from their chief tax officers than ever before.
Review the publication on our US firm's website.
