Your growth projects, corporate priorities, and business budgets are most likely within your control, even though they may experience some fluctuations. However, tax rules and regulations present a different scenario. They can undergo sudden changes, catching you off guard and necessitating quick compliance measures. In fact, 50% of finance leaders said regulatory compliance is the top external change to their business.1 Furthermore, as governments worldwide increasingly embrace tax digitalization, a fresh wave of constantly evolving requirements awaits your attention. Therefore, it is crucial to remain proactive and ready to adapt.
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Source 1: CFO Insights Report: A New Role In Managing Uncertainty