{"id":935,"date":"2020-12-16T22:31:06","date_gmt":"2020-12-16T17:01:06","guid":{"rendered":"https:\/\/insight.thomsonreuters.in\/business\/?post_type=insight_resource&#038;p=935"},"modified":"2020-12-16T22:31:06","modified_gmt":"2020-12-16T17:01:06","slug":"how-to-design-a-future-proof-global-tax-provision-process","status":"publish","type":"insight_resource","link":"https:\/\/insight.thomsonreuters.in\/business\/resources\/resource\/how-to-design-a-future-proof-global-tax-provision-process","title":{"rendered":"How to design a future-proof global Tax Provision process"},"content":{"rendered":"\n<p>Takeaways from the <strong>Tax Provision Roundtable<\/strong> chaired by:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Dharmender Chhabra, <em>VP Finance, Corporate Treasury &amp; Taxation, EXL Service<\/em><\/li><li>Sameer Prakash, <em>Leader \u2013 Tax Technology &amp; Transformation at Ernst Young<\/em><\/li><\/ul>\n\n\n\n<p>The value of accurate, real-time tax provisioning is only accelerating \u2013 as well as the resulting data burden. The sudden thrust into a remote working environment this year has increased pressure on the tax functions to manage flow of tax information as well as ensure there\u2019s <strong>transparency<\/strong> and <strong>visibility<\/strong> over global tax provision process.<\/p>\n\n\n\n<p>The effectiveness of a tax function is often measured by the impact it has on the business across a range of metrics and as <strong>Sameer Prakash<\/strong>, <em>Leader \u2013 Tax Technology &amp; Transformation at Ernst &amp; Young<\/em>, explains \u2013 Effective Tax Rate (ETR) is one of the widely used KPIs and needs to be accurate and available in real-time.<\/p>\n\n\n\n<p>To successfully navigate the challenges of the future, it is critical to build <strong>resiliency into the tax function<\/strong>. What is key is to holistically assess global tax provision process and other tax processes in this new remote work environment and re-configure using technology.<\/p>\n\n\n\n<p>Access the summary here along with <strong>Poll Results <\/strong>from the live poll we conducted during the roundtable and hear what Tax professionals in India and South East Asia say.<\/p>\n\n\n<p><a href=\"http:\/\/app.connect.thomsonreuters.com.au\/e\/er?s=2141361505&amp;lid=6091&amp;elq=~~eloqua..type--emailfield..syntax--recipientid..encodeFor--url~~\" class=\"btn btn-lg btn-primary\">Download the summary<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Takeaways from the Tax Provision Roundtable chaired by: Dharmender Chhabra, VP Finance, Corporate Treasury &amp; Taxation, EXL Service Sameer Prakash, Leader \u2013 Tax Technology &amp; Transformation at Ernst Young The&hellip;<\/p>\n","protected":false},"author":107,"featured_media":954,"template":"","categories":[659],"tags":[],"resource_type":[830],"insight_job_role":[704,784,837],"insight_practice_area":[860],"class_list":["entry","author-corpadmin","post-935","insight_resource","type-insight_resource","status-publish","has-post-thumbnail","category-global-tax-reporting","resource_type-article","insight_job_role-accounts-finance-professional","insight_job_role-head-of-tax","insight_job_role-tax-manager-director","insight_practice_area-tax-and-accounting","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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