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March 30, 2021
Thursday, 8 April, 2021 | Why the tax controversy department of the future should be built now (11 am ET)
In this webcast, panelists review key findings of the 2021 EY Tax risk and controversy survey and discuss why companies should start building their Tax Controversy Department of the Future.
According to the EY survey, businesses of all sizes, but especially the very largest, have not fully adjusted to ongoing, dramatic changes in tax authority scrutiny of their affairs. Sixty-six percent of respondents say that tax controversy has become more important to their company recently — but only 24% say they have complete visibility of all tax audits, disputes and litigation globally.
Looking forward, a coming crescendo of tax enforcement change is building. Concerns about the efficacy of untested dispute resolution processes related to potential new ways to tax cross-border activity may add to future risks. At the same time, unprecedented pressure on governments to decrease budget deficits arising from COVID-19 pandemic responses is already creating new hazards in many jurisdictions.
All things considered, there is an urgent need for tax leaders to respond — by building their Tax Controversy Department of the Future.
Date: Thursday, 8 April 2021
Time: 11:00-12:00 p.m. EDT New York
Registration: Register for this event.
During this session, panelists will discuss:
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