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

Helping corporate tax departments navigate Brazil’s recent tax reform – Thomson Reuters Institute

Helping corporate tax departments navigate Brazil’s recent tax reform - Thomson Reuters Institute

A recent report by the Thomson Reuters Institute illustrates how corporate tax departments are preparing to mitigate the obstacles brought by Brazil’s recent tax reform plan and ensure a seamless transition for their organizations The tax system in Brazil has been complex and challenging for businesses and individuals alike. So, to address this issue, the … Read more

Power Hungry: Was one of WA’s biggest corporate tax breaks worth the cost?

Power Hungry: Was one of WA’s biggest corporate tax breaks worth the cost?

POWER HUNGRY | Second in a Seattle Times and ProPublica series about the impact of data centers in Washington. This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Times Watchdog stories dig deep to hold power accountable, right wrongs and create change. This work is made possible by The … Read more

Estonia has a way Canada can implement better taxation policies to improve the economy and productivity

Estonia has a way Canada can implement better taxation policies to improve the economy and productivity

Breadcrumb Trail Links Personal Finance Taxes Kim Moody: A corporation in Estonia pays zero corporate tax unless and until profits are distributed to its shareholdersPublished Jul 30, 2024  •  Last updated 9 hours ago  •  4 minute read Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks at … Read more

KPIs: Why corporate tax departments need to measure them for success – Thomson Reuters Institute

KPIs: Why corporate tax departments need to measure them for success - Thomson Reuters Institute

Key performance indicators can drive efficiency, accountability, and strategic success in corporate tax departments, but only if they’re measured and tracked There is a limit to the external factors that impact business professionals; however, anticipating and preparing could be the best defense. In a recent Thomson Reuters Institute report, Challenges and Changes in Indirect Tax … Read more

Labour must position UK as global crypto hub

Labour must position UK as global crypto hub

Having secured a landslide victory as expected in last week’s election, Labour’s Keir Starmer has a unique opportunity to reshape the UK’s financial landscape by positioning it as a global cryptocurrency hub, according to the CEO of a leading financial advisory and fintech. “To date, Starmer’s stance on crypto remains somewhat nebulous,” said Nigel Green … Read more

Benefits of Hiring a Business Tax Lawyer for Small Business Owners

Benefits of Hiring a Business Tax Lawyer for Small Business Owners

Navigating the complex world of business taxes is no small feat, especially for small business owners who already wear many hats. That’s where a business tax lawyer comes in. They provide invaluable support and guidance, ensuring your business stays compliant and financially healthy. Here are some key benefits of hiring a business tax lawyer for … Read more

How GenAI is changing corporate tax and what businesses can do about it

How GenAI is changing corporate tax and what businesses can do about it

Generative Artificial Intelligence (GenAI) is beginning to manifest itself in corporate tax, presenting both advantages and concerns. As a transformative technology capable of generating human-like text, code, and other creative content, GenAI is posed to reshape the tax landscape.   Understanding the shift in GenAI adoption  The desire to use GenAI in corporate tax has seen … Read more

How to Successfully Start an AI Business in 2024

How to Successfully Start an AI Business in 2024

Artificial intelligence (AI) is one of the most innovative and disruptive technologies in recent decades. The AI market has expanded rapidly as more organizations recognize the value of leveraging big data to make intelligent business decisions and improve customer experiences.Moreover, the rise of large language models (LLMs) and generative AI platforms, such as Open AI’s … Read more

How corporate tax departments apply indirect tax technology

How corporate tax departments apply indirect tax technology

Businesses must innovate and adapt to the changing indirect tax landscape to stay competitive. Corporate tax departments are using technology increasingly as a strategic partner to address these issues. Insight on how indirect tax departments intend to use technology to transform their operations can be found in a recent study conducted by the Thomson Reuters … Read more