Headquartered in Amsterdam, multinational home appliance company Versuni is a leading global designer, manufacturer and seller of domestic appliances with a diversified portfolio of products. We spoke with Kanshi Ram, Tax Accounting and Reporting Lead, to hear how Versuni’s tax department has leveraged Longview Tax to transition to a centralized provisioning process.
In this article, we explore three key areas—processes, data, and knowledge—that are essential for a successful tax automation strategy. Learn how to take small, manageable steps towards automation and transform your tax function into a business enabler.
Recently a proposal for public Country-by-Country Reporting (CbCR) has been endorsed by EU institutions opening the way for formal approval by the European Parliament.
Tax provisioning is a highly complex area that is in both the tax and the accounting domain. Within many Finance departments tax is often conceived as slowing down the close cycle as a whole. The new rules on uncertain tax provisions (IFRIC 23) can add to the complexity. In our webinar we have shown how these changes might affect your tax position.