To better evaluate how today’s corporate tax departments are weathering rapid changes, Bloomberg Tax conducted our annual benchmark survey in the third quarter of 2022.
We heard from nearly 400 tax managers, directors, vice presidents, and C-suite executives in public and private companies across the U.S. who shared their experiences from this past year regarding challenges, mandates, roles, staffing, and digital transformation.
Top findings uncovered that tax professionals are juggling many priorities including:
- Managing tax-related risk while anticipating more aggressive enforcement
- Managing resource challenges due to the talent shortage
- Identifying opportunities for increased accuracy, heightened productivity, and improved controls via technology and automation
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