Banking, Finance & Securities - 6/9 - Global Tax Management - Leading Tax Departments Forward

Banking, Finance & Securities

Ask the Right Questions for Your Sales and Use Tax Compliance Process

NEWS

May 05, 2017

Ask the Right Questions for Your Sales and Use Tax Compliance Process

The management of sales and use tax compliance can be complicated. Especially if your process is manual. To make it more manageable, you need to first ask the right questions about your data, your process, and your resources.

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It’s Not the Plan That’s Important, It’s the Planning: Practical Guide to Preparing for Tax Reform

NEWS

February 14, 2017

It’s Not the Plan That’s Important, It’s the Planning: Practical Guide to Preparing for Tax Reform

As President Donald Trump and the Republican-led Congress attempt to define a comprehensive tax reform package, details on policy changes are elusive. However, initial tax proposals released by the Trump Administration and House Republicans provide broad guidelines for what can be expected. As the saying goes, “it’s not the plan that’s important, it’s the planning” — so read on for what’s in the proposal, and a practical guide to preparing for tax reform.

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From the Desktop to the Cloud: Transforming Tax — Best Practices on Tax Collaboration from PPG

NEWS

January 19, 2017

From the Desktop to the Cloud: Transforming Tax — Best Practices on Tax Collaboration from PPG

Part one of this Tax Notes article revealed that advanced collaboration solutions connect the tax department to provide far-reaching benefits. The result is a strategic tax management department that contributes to the achievement of business goals instead of functioning as just a team of isolated number crunchers. In this second article of a two-part series, learn best practices for implementing tax collaboration software, using an example of a project at PPG, a Fortune 200 industrial products company, and commentary from their International Tax Manager, Ken Moran.

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A Practical Approach to BEPS Country-by-Country Reporting

NEWS

October 26, 2016

A Practical Approach to BEPS Country-by-Country Reporting

The quest for transparency in the global tax environment has been a catalyst for new regulations and guidelines. In the spirit of that pursuit, The OECD created the Base Erosion and Profit Shifting (BEPS) Action Plan #13 as one of fifteen actions that need to be taken to implement BEPS measures. The goal is to increase transparency regarding international tax structures and tax attributes that authorities believe may lead to base erosion. This blog will address how to implement Action #13: Country by Country (“CbC”) Reporting and Notifications in a practical manner.

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Understanding Tax Accounting for Investment in Domestic and Foreign Subsidiaries

NEWS

September 20, 2016

Understanding Tax Accounting for Investment in Domestic and Foreign Subsidiaries

Multinational companies need to understand the impact domestic and foreign transactions may have on their tax accounting. This blog was written to help you to better understand one facet of that task: tax accounting for investment in domestic and foreign subsidiaries. Here I will cover three sections – inside basis vs. outside-basis, bottom-up approach, and permanent reinvestment assertion.

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Section 754 Elections for Transactions with Partners and Partnerships

NEWS

August 29, 2016

Section 754 Elections for Transactions with Partners and Partnerships

Read this PICPA article on Section 754 from GTM’s Bill Ruffner, CPA, Director of Taxation and member of the Pennsylvania CPA Journal Editorial Board. Bill covers when you need to elect Section 754, who makes the election, and how it effects Section 743 adjustments.

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Understanding the “Aha!” of ACH Payments

NEWS

August 25, 2016

Understanding the “Aha!” of ACH Payments

Jim Ford and Mark Cox, directors in GTM’s state and local tax practice, examine the pros and cons of using different types of automated clearinghouse payments when sending them to a tax authority, and they explain how one method can make accounting and reconciling much easier.

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Microsoft SharePoint in the Tax Department

NEWS

June 22, 2016

Microsoft SharePoint in the Tax Department

In this half-hour webinar, you will learn: How you can capitalize on SharePoint’s overall capabilities, including metadata, workflow, and dashboard functionality How your team can use SharePoint to collaborate around tax functions,   including document management, managing calendars, and data collection How you can increase efficiency and reduce manual tasks using SharePoint automated workflows

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Enhancements You Can Expect in the New Corptax® 2016.1.1 Release

NEWS

June 16, 2016

Enhancements You Can Expect in the New Corptax® 2016.1.1 Release

Every quarter Corptax addresses the areas that have been modified or improved for better use of the software. We wanted to pass along the improvements to fellow users to make your tax automation, (and your job) easier. Read about the enhancements you can expect to see in the new Corptax 2016.1.1 release.

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