Date

BizTaxBuzz: Sen. Schumer Fights Outsourcing With Call Center Tax

June 03, 2010

U.S. senator Charles Schumer (D-NY) wants to tax companies that transfer calls to offshore call centers. As tempting as the tax is, it could be a very bad idea. Schumer: A Tax-Pox on Those Offshore Call Centers | Source: The Big Fat Finance Blog . ...

BizTaxBuzz: The Tax vs. Tech Arms Race

June 01, 2010

IRS Commissioner Douglas Shulman lauds tax technology as informational reporting requirements soar. But can software really save us from ever-escalating compliance demands? 35 Boxcars | Source: The Big Fat Finance Blog . ...

Across the Great Divides: Integration Comes to Tax

June 01, 2010

I was amused and encouraged to see that in a recent Deloitte white paper (“Finance Transformation: Think à la Carte, Not Overhaul”), corporate tax pros were described as “the rock stars of the bottom line.” At last — a little recognition! A ...

BizTaxBuzz: Job One for Tax Directors

May 26, 2010

It’s not the overall effective rate, it’s not aggressive planning, it’s not cash tax savings; what most senior finance leaders want from their tax departments is timeliness and accuracy, according to a new Grant Thornton report. For CFOs, Tax Accu ...

BizTaxBuzz: Which Country's Taxes Are Highest?

May 24, 2010

The United States has a notoriously high corporate income tax rate. But that’s only one part of the tax competitiveness picture. A new KPMG study takes a broader look at the tax landscape in ten OECD countries. Taxingest Countries: The Winner Is … | ...

BizTaxBuzz: Midsize Firms Benefit From Sales Tax Software

May 20, 2010

With the constant changes to rules and rates, sales-and-use tax compliance is a growing challenge for corporate tax departments. The good news: There’s an app for that, and it’s becoming more affordable for midsize companies. Sales Tax Software Hits ...

BizTaxBuzz: Is State and Local Tax Compliance More Challenging Than Federal?

May 14, 2010

Just about – forty percent of CFOs in a new Grant Thornton survey reported that state and local tax compliance is more demanding than federal income tax compliance.. State, Local, and Sales Tax Challenges Take Center Stage | Source: The Big Fat Financ ...

BizTaxBuzz: Tax Becomes Collaborative Function

May 13, 2010

While the silos still stand in many corporate tax departments, in others the outlines of a truly integrated tax function for the 21st century are starting to appear. Transformative Tax Technology: Part 2 | Source: The Big Fat Finance Blog . ...

BizTaxBuzz: BPM Comes to Tax

May 10, 2010

Good news for tax folks – some new BPM systems are specifically being built to address their needs. Ravi Gupta, a partner in Deloitte’s tax management services group, explains what these tax-sensitized BPM systems can do. What BPM Can Do for Tax | S ...

BizTaxBuzz: Taking on a New Tax Initiative

May 07, 2010

Starting a new tax initiative? Don't miss this interview with Jason Rinsky, SVP of corporate taxation with DRS Technologies. He shares the challenges he faced when undertaking a major strategic tax tech initiative at the defense giant and explains how he ...