Managing a global tax provision requires careful coordination across multiple jurisdictions, each with distinct reporting requirements and compliance deadlines. In this webinar, RSM international tax professionals from the U.S., Germany and the United Kingdom will walk through the essential elements of preparing an effective global tax provision, from scoping and planning to managing uncertain tax positions.
Participants will gain practical insight into establishing clear roles and responsibilities, leveraging technology to improve efficiency, and identifying potential compliance risks before they escalate. Whether you are building a global tax provision process from the ground up or enhancing an existing approach, this webinar will offer actionable strategies to help manage complexity, improve accuracy and meet reporting obligations with confidence.
Key Takeaways
- Effective tax management: Effective planning and scoping are crucial for managing global tax provisions, including understanding the group's tax profile and coordinating with multiple teams.
- Deferred tax considerations: Deferred taxes play a significant role in smoothing the effective tax rate and require careful consideration of local versus group reporting standards.
- Uncertain tax challenges: Uncertain tax positions, particularly related to transfer pricing and permanent establishments, are common challenges in global tax provisions.
- Technology in tax: Leveraging technology, including Excel, ERP systems, and automation tools like Alteryx, can significantly improve the efficiency and accuracy of the tax provision process.
- Pillar Two compliance: Pillar Two compliance and its impact on effective tax rates and safe harbors are critical considerations for multinational companies, requiring early and detailed planning.
