Tax Transformation

Edwards Fosse's Tax Transformation services assist companies in proactively shaping and constructing how they meet tax obligations in an ever-changing landscape. We aid companies in crafting advanced tax functions centred on people, processes, technology, and governance, addressing tax risk, reputation, and compliance concurrently.

The world is rapidly evolving and digitising, demanding tax functions to adapt. The landscape tax leaders navigate has undergone significant shifts. Economic uncertainties push companies to reduce costs and enhance efficiencies, while tax authorities leverage technology and data to innovate tax administration and collection.

• Comprehensive operations or finance transformation
• New legislative or regulatory requirements like real-time reporting or e-invoicing
• ERP system alterations
• Internal or external audit findings
• Changes in crucial tax or finance personnel
• Budget constraints
• Mergers and acquisitions activity.

Tax Transformation commences with a well-defined tax vision and strategy harmonised with broader organisational objectives. Our approach aids in designing and executing a leading tax operating model to unlock value while managing tax risk, reputation, and compliance effectively.

Edwards Fosse's Tax Transformation services professionals actively contribute to finance transformation projects, ensuring tax requirements are integrated, positioning tax as an enabler. We streamline processes and design a sourcing model aligning with business and organisational goals, encompassing outsourcing, insourcing, and co-sourcing.

We help organisations ensure existing finance or enterprise resource planning (ERP) systems are tax-sensitised, providing standardised tax determination and reporting functionality. Additionally, we implement tools to meet Country-by-Country reporting requirements effectively, enabling informed strategic decisions and enhancing performance.