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Operations
Transformation for Tax

See beyond your current tax operating model

Growing complexity in tax regulations, the relentless wave of technology change, and a shortage of tax talent are colliding to create greater potential risk and cost exposures for your organization. Deloitte can help you transform your tax operating model to address these challenges and position your tax function - and your business - for the future.

Redefine your tax operating model

Like many leaders, you may be realizing that your current tax operating model isn't equipped to handle the mounting pressures.

How can you find ways to work smarter, faster, and cheaper?

Traditional models are often powered by a mix of in-house staff, multiple external vendors, and point technology solutions. These models can be expensive, inefficient, and unable to keep pace with the speed of change.

How can you upskill your team and access the right people to meet your needs?

A growing need for combined tax technical and technology skill sets, along with increasing complexities in tax laws, can make it harder to assemble a team that successfully addresses your tax obligations, much less creates value for your business.

How can you predict and plan accordingly?

The sheer amount of data coming through tax departments can be daunting. Knowing how to adapt your organization's tax operating model to extract meaningful insights from the data and mitigate for risk exposure can be difficult.

Specialized approaches to tax
operating model transformation

Deloitte can help you analyze your current tax department capabilities across talent, technology, data, processes, and risk management.

Transformation is not a one-size-fits-all endeavour. Together, we’ll explore options for your future tax operating model and identify opportunities for creating efficiency improvements, cost savings, resource reallocations, and increased business value.

What functions could your tax team manage largely in-house (insourcing)?

What could you outsource with the help of a third-party?

How can you use technology to potentially improve productivity and lower costs?

How might your talent models need to evolve?

Navigating the tax operating model
continuum—options may include:

Modernizing traditional models with technology and process support

Opportunities abound to increase productivity, reduce cycle times, and get sharper insights from your existing tax operating model. We work with tax leaders to: streamline and automate tax processes, apply technology to create efficiencies and manage information more effectively, and enhance talent and leverage models. Our robust approaches help you address specific quality and cost control objectives to create value for your organization.

Leveraging outsourcing to get the basics done so you can focus on increasing strategic impact

With the extraordinary volume of regulatory changes and increasing complexity in tax law, tax departments are spending an inordinate amount of time on tax compliance and financial reporting. This leaves them little to no time for planning or identifying and managing risk. Adding to the challenge, many organizations are finding it difficult to hire and retain the talent and skills they need. Outsourcing can help liberate tax department resources from essential, but low-value activities, and shift focus to strategy, planning, and other high-value tasks.

Innovating new tax operations and talent models

For some, the pressures of today’s tax reality have a hit a tipping point, and traditional solutions are falling short of growing needs. Deloitte helps you look beyond traditional tax insourcing and outsourcing paradigms to create new models for transforming your tax department and addressing the tax challenges you face. We provide a broad and flexible set of offerings that enable you to retain core tax planning and management responsibilities in house, while Deloitte assists you with tax compliance, technology, processes, and potentially the transfer of some portion of your tax personnel. Tailoring your operating and resource model to the needs of your business may help you streamline operations, alleviate resource constraints, reduce costs, and amplify the value your tax department delivers.

Modernizing traditional models with technology and process support

Opportunities abound to increase productivity, reduce cycle times, and get sharper insights from your existing tax operating model. We work with tax leaders to: streamline and automate tax processes, apply technology to create efficiencies and manage information more effectively, and enhance talent and leverage models. Our robust approaches help you address specific quality and cost control objectives to create value for your organization.

Leveraging outsourcing to get the basics done so you can focus on increasing strategic impact

With the extraordinary volume of regulatory changes and increasing complexity in tax law, tax departments are spending an inordinate amount of time on tax compliance and financial reporting. This leaves them little to no time for planning or identifying and managing risk. Adding to the challenge, many organizations are finding it difficult to hire and retain the talent and skills they need. Outsourcing can help liberate tax department resources from essential, but low-value activities, and shift focus to strategy, planning, and other high-value tasks.

Innovating new tax operations and talent models

For some, the pressures of today’s tax reality have hit a tipping point, and traditional solutions are falling short of growing needs. Deloitte helps you look beyond traditional tax insourcing and outsourcing paradigms to create new models for transforming your tax department and addressing the tax challenges you face. We provide a broad and flexible set of offerings that enable you to retain core tax planning and management responsibilities in house, while Deloitte assists you with tax compliance, technology, processes, and potentially the transfer of some portion of your tax personnel. Tailoring your operating and resource model to the needs of your business may help you streamline operations, alleviate resource constraints, reduce costs, and amplify the value your tax department delivers.

See beyond your existing tax
operating model with Deloitte

We use our deep tax knowledge, advisory and compliance capabilities, and global network to help you design and deliver a reimagined tax operating model that aligns your tax function with your business goals.

Why choose Deloitte to help with your tax operating model journey?

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Innovation in technology and analytics:

Our technology platform integrates statutory accounting and tax transaction, compliance, data analytics, and planning needs and interfaces with tax and core business systems.

We combine advanced analytics, data science skills, and proprietary tools with extensive tax knowledge to help clients achieve a deeper understanding of their data and how it may be used to deliver stronger outcomes.

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Leadership in tax and consulting talent models:

Access to a global network of practitioners with deep tax technology and tax technical skills, and business acumen.

Large-scale, dedicated tax workforce located in centres of excellence worldwide.

Human Capital and Organizational transformation consultants & Talent consulting, help align your culture, structure, and talent with your business strategy in the face of change.

Contact

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Karen Spencer
Director, Tax & Legal

Deloitte Canada

karenspencer@deloitte.ca

(613) 786-7509

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Jeff Butt
Partner, Tax & Legal

Deloitte Canada

jebutt@deloitte.ca

(416) 601-6507