8 ways corporate tax leaders can integrate AI into their departments

8 ways corporate tax leaders can integrate AI into their departments

The Future of Professional Report highlights the significant impact of Generative AI (GenAI) on business strategies, with 94% of C-suite executives believing it will substantially alter their plans. Corporate tax leaders must embrace and integrate GenAI to succeed in the rapidly evolving digital landscape. However, effective integration requires careful planning and preparation. To leverage this … Read more

Elements of a clean core and why it matters for corporate tax

Elements of a clean core and why it matters for corporate tax

Exploring the transformative impact of SAP Clean Core on financial data management for streamlined operations and improved compliance. ← Blog home In the realm of financial data management, SAP Clean Core is changing the way businesses handle their financial information. This new strategy simplifies and streamlines financial data within SAP systems, propelling organizations towards enhanced … Read more

5 key issues impacting global corporate tax policy

5 key issues impacting global corporate tax policy

Listen to the article 6 min feedback. Corporate tax managers have had to negotiate their way through heightened turbulence ever since the Trump-led tax cuts and the Jobs Act became law in 2017. Today’s hot-button issue is the ongoing Organisation for Economic Co-operation and Development (OECD)-led global effort to impose a minimum 15% tax on … Read more

Taming The AI Wild West In The Corporate Legal, Tax And Risk Departments

Taming The AI Wild West In The Corporate Legal, Tax And Risk Departments

After 18 months of non-stop hype and rapid-fire launches of new, easily accessible consumer-facing tools, it may seem like everyone is experimenting with generative artificial intelligence (GenAI). In fact, according to the new Thomson Reuters Future of Professionals Report, almost two-thirds (63%) of professionals working in the legal, tax, and risk & compliance sectors say … Read more

Trump Dangles New Tax Cut Proposals With Real Political Appeal

Trump Dangles New Tax Cut Proposals With Real Political Appeal

The most recent and costliest of Mr. Trump’s ideas would end income taxes on Social Security benefits. First it was a tax cut for hotel and restaurant workers in Nevada, a swing state where Donald J. Trump proposed exempting tips from taxes. Then, in front of powerful chief executives gathered in Washington, Mr. Trump floated … Read more

Gov. Tim Walz Raised Taxes as Most Governors Cut Them

Gov. Tim Walz Raised Taxes as Most Governors Cut Them

Tim Walz Tax Policies: Details & Analysis Skip to content Home • Blog • Gov. Tim Walz Raised Taxes as Most Governors Cut Them Most states have cut taxes at least once since 2021, with a renewed emphasis on taxA tax is a mandatory payment or charge collected by local, state, and national governments from … Read more

VP Pick Tim Walz Enacted Progressive Tax Reforms in Minnesota

VP Pick Tim Walz Enacted Progressive Tax Reforms in Minnesota

Minnesota Gov. Tim Walz isn’t generally regarded as a tax policy guy, but tax analysts and lawmakers say Vice President Kamala Harris’s new running mate has supervised the most dramatic shift toward progressive tax policy of any state in the country.While more than two dozen governors slashed individual and corporate taxes during the post-Covid period, … Read more

‘Walz checks,’ free school lunches, and ditching fossil fuels: What Tim Walz’s record in Minnesota says about his economic goals

'Walz checks,' free school lunches, and ditching fossil fuels: What Tim Walz's record in Minnesota says about his economic goals

Politics ‘Walz checks,’ free school lunches, and ditching fossil fuels: What Tim Walz’s record in Minnesota says about his economic goals Noah Sheidlower 2024-08-06T16:06:24Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized … Read more

Flight-to-safety in markets, geopolitical tensions escalate

Flight-to-safety in markets, geopolitical tensions escalate

Safe-haven flows dominate financial markets at the beginning of the week as investors react to the latest news surrounding the Israel-Iran conflict. S&P will release revisions to July PMI data for the Euro area, Germany and the UK on Monday, while later in the day, the ISM Services PMI report for July will be featured in … Read more

How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate Giveaways

How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate Giveaways

This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Sign up for Dispatches to get stories like this one as soon as they are published. Reporting Highlights Job Promises: Washington lawmakers approved a tax break for data centers to create more jobs in rural Washington, but they can’t say … Read more