1、Insight-driven compliance Tax Transformation Trends 2023 Executive summaryTax transformation trends survey Tax operations in focus1Top 5 trends:Emerging themes from Deloittes 2023 researchTax Transformation Trends 2023 Executive summaryTax departments at many companies are today undergoing fundament

2、al transformation to respond to a significantly altered legal and regulatory landscape,including the OECDs Pillar Two requirements,and a rise in indirect taxes around the world.To respond effectively to these and other changes,tax departments will need access to accurate and timely tax-related data

3、across their companys global operations,combined with tax teams that have data management and technology expertise.These are some of the key themes that emerged from Deloittes 2023 Tax Transformation Trends research,which included a global survey of 300 senior tax and finance executives together wit

4、h a series of qualitative interviews with the heads of tax at large multinational companies.1Trend 1:Holistic data management and integrated systems are required for insight-driven global complianceTrend 2:Costs and efficiency are still important,but the top priority for tax transformation efforts i

5、s now complying with changing tax laws and regulationsTrend 3:Outsourcing is a prime strategy to access technology capabilitiesTrend 4:Tax isnt just done in the tax department anymoreTrend 5:Future skills requirements are giving rise to the“hybrid tax professional”Trend 1:Holistic data management an

6、d integrated systems are required for insight-driven global compliance1The trends in depthTax Transformation Trends 2023 Executive summary2Figure 1.Highest priorities for the tax department over the next three to five yearsRanked#1 Ranked in top 3Comply with newtax law changesManage effectivetax rat