Internal challenges for tax directors

Findings from a recent survey reaffirm that the key objectives for tax directors are: ensuring no tax surprises; providing support for the business; and delivering a specified tax rate. Managing reputational risk, however, is now of increasing importance. Key challenges include: sufficiency of resources; delivering value; working with fiscal authorities; reputation; and partnering with the business. Whilst most relationships with key internal stakeholders were rated as excellent, the areas of business and product development, asset management and intangibles, and IT and other functions were mostly rated unsatisfactory.