Tax Data Challenges are Growing

Tax authorities are introducing more complex and data-intensive reporting requirements. International policies and rules, particularly those relating to the OECD’s Pillar Two requirements, create new challenges for multinational enterprises (MNEs).

It would require an extensive amount of time for tax teams to gather all the tax-pertinent data necessary, and then even more to research, understand, and comply with the peculiarities of each jurisdiction’s tax laws.

BDO and TLC can guide businesses through the embedding of these tax processes with the deployment of the Enterprise Tax Reporting module.

Available via OneStream’s Partner Place, The Enterprise Tax Reporting module is a sophisticated set of modules built natively within OneStream that can be implemented individually or collectively to enhance your tax provisioning process, country-by-country reporting, and Pillar Two calculation requirements. It automates and optimizes tax reporting, aligns finance and tax data cubes, and offers advanced modeling and analysis for effective scenario planning.

BDO starts by evaluating current processes, systems, data, and broader technology strategy; then TLC works with BDO’s tax professionals to handle the tax design, configuration, and implementation of the module.

Benefits you can expect from the Enterprise Tax Reporting Solution:

• Data Consolidation
• Cost Savings
• Easy Adoption
• Tax Knowledge

Fully leverage the value of your investment in OneStream!