Tax functions are evolving rapidly, and the organizations leading the way are those that approach transformation with clarity and alignment. This paper explores how forward-thinking companies are positioning their tax teams for long-term success by recognizing the forces behind the need for change and defining a clear vision for the future of tax. It highlights the importance of collaboration among finance, tax and IT, and the value of embedding tax into broader finance transformation, technology modernization and cloud initiatives. The discussion also outlines a structured approach to five key transformation priorities and emphasizes the role of trusted external collaborators with proven experience. Together, these elements form the foundation for building a next-generation tax function that can adapt, innovate and deliver sustained value.
