Date Added: Nov 2009
No one ever said a tax executive's life was easy. Simply staying current with the vast and ever-evolving number of international, national, and local tax and related financial accounting rules is a perennial challenge. Working with tax authorities around the world requires high-level negotiation skills. And because tax processes often occur outside existing enterprise-wide platforms, tax controls and governance can lag behind those in the more established environment of financial reporting systems. This paper discusses why tax risk is now, and will continue to be, at the forefront of business risk and how Risk Intelligent business leaders can embrace the value that tax has to offer in managing risk overall.