Manufacturer seeks compliance & provision improvement
More than 150 entities, 50 countries. One solution.
A $3.9 billion industrial services company with 150 separate entities operating in 50 countries around the globe was having real issues with its tax compliance and provisioning. Varying levels of communication and skill sets between headquarters and the company's foreign entities led to ineffective timing and a poor framework for managing recurring provision review. The company also had no central repository for global documentation and historic filings. Frequent compliance failures led to audit adjustments and to concerns about other unidentified
The company sought increased visibility into and accountability for key global tax provisioning deliverables and filings. They turned to RSM. Learn more about how RSM helped this company improve it's provision filing and increase visibility to the executive team.