CFOs Warm to More Frequent Tax Talk
by Peter Beuvink, Wednesday, 9th May 2012
Internal tax advisers are front and centre at C-suite doors on a more regular basis. Lowering an organisations effective tax rate can make a big difference to the bottom line profit and provide substantial valuation uptake.
Tax executives are spending more time in front of the C-suite — a practice that is gaining ground with more CFOs whether they are ready for it or not.
Gone are the days when a corporation’s tax director stood last in line to update the CFO on a new tax advantage or unfriendly charge sure to affect the bottom line at tax time. With increased regulation, a heavy state and local tax burden, and election uncertainty, internal tax advisers are front and center at C-suite-level doors on a more regular basis.
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