KPMG's Tax Management Consulting network helps companies build and operate leading tax functions while managing tax risk, reputation and disclosure.

As more stakeholders take an interest in tax, the environment in which tax directors operate is changing dramatically:

• Economic uncertainty puts pressure on many companies to cut costs and on tax authorities to boost revenue.
• Globalisation continues to drive business and finance transformation and the centralisation of finance, tax and other functions.
• Companies are expected to improve their governance, accountability and transparency in all areas, especially tax.
• Regulation demands ever more tax transparency through the disclosure of data to the tax authorities and, in some cases, publicly.

Amid heightening regulatory and cost pressures, tax functions need to adapt to a changing world while effectively managing tax and tax risk.