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Keeping track of constantly changing tax laws is a growing challenge for companies. Specific reporting requirements, technical accounting transactions and a myriad of accounting rules may further result in complicating the establishment of an effective global tax accounting function. Therefore companies need to maintain appropriate risk-based local and global controls to resolve technical tax accounting issues.
PwC has the technology and the skills and tools to assist clients in obtaining a holistic approach to the tax provision process and to assist clients in reducing complex, time-consuming tax risks. We provide financial tax accounting and technical tax advice, support tools, and guidance that improve the quality of the tax accounting function. This is in line with PwC’s purpose of solving important problems in society.