The challenges presented by the COVID-19 pandemic have exposed the central importance of the tax function in large businesses and the need to maintain internal relationships, says Sandy Markwick, head of the Tax Director Network.
As more businesses incorporate environmental sustainability into their defined purpose, in-house tax functions can help facilitate reduced carbon emissions provided they have the support of senior management, says Sandy Markwick, head of the Winmark Tax Director Network.
Opportunities to come to a resolution with the tax authorities are generally better the earlier they present themselves in the life-cycle of a tax dispute, says Sandy Markwick, head of the Tax Director Network (TDN) at Winmark.
The principle of diversity is well accepted on boards and across entire organisations, but what about diversity within teams? Sandy Markwick, head of the Tax Director Network at Winmark, asked whether a tax team can be more effective through diversity.
New rules governing international tax in 2020 underscore the importance of the role of in-house tax as a trusted partner embedded across the business, writes Sandy Markwick, head of the Tax Director Network (TDN) at Winmark.