CFO’s Roadmap | Step 2: Global Tax Compliance (CIT, VAT, MF, CbC)

The second step in the journey to be fully in control is the implementation of a global tax compliance approach. After running your financial ratio analysis and selecting the data to be reported for tax purposes, it is also equally important to actually document it in an efficient and compliant manner.

A global compliance approach allows companies to overcome the 2 main issues with documentation:

1. Lack of consistency in reporting of information across jurisdictions due to involvement of different people in preparing those reports;
2. Keeping track of all types of CIT, VAT etc. filings in every jurisdiction.

Check the video below to learn more about this process:

This step is part of a practical roadmap of 6 steps, meant to guide CFOs in their Journey of rising above troubles to reach a situation of full control.

You can find the whole series  at the following link:

https://www.tpa-global.com/cforoadmap

Or you can order the hardcopy version on Amazon:

  https://www.tpa-global.com/taxforboardmembers

If you are interested to get more information about being "fully in control" of your business operations, please feel free to contact us.