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Tax: Strategies for reducing costs and adding value

Part of the Tax News & Views podcast series

Tax departments can play a pivotal role in a company’s efforts to reduce costs. Deloitte Tax’s Rochelle Kleczynski and Emily VanVleet highlight some of the tax-planning strategies, operating model changes, and alignment with overall initiatives of the business that can reduce costs while adding more value.

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Tax podcast: Cost reduction opportunities and strategies

August 5, 2020

In an increasingly complex environment, tax departments are under pressure to reduce operating costs and generate cash. Deloitte Tax’s Rochelle Kleczynski and Emily VanVleet highlight some of the tax-planning opportunities, operating model changes, and ways to create value by aligning with overall initiatives of the business.

When it comes to tax, there will always be change—and now more than ever is the time for tax executives to find ways to reduce costs and add more value.

We are seeing our clients face more pressure than they have ever seen before around cost reduction. And looking at that, there are several different ways that a tax function can contribute to cost reduction as part of the overall organizational strategy.

– Rochelle Kleczynski

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