Corporate Tax Insights

This report from the Nelson A. Rockefeller Institute of Government examines the sharpest decline in sales and income tax collection revenue in over fifty years.

Truly, only time will tell the true course of action states will take to recoup this short-fall, but a crystal ball isn’t required to see an increase in audits as one possible solution.

Are you already feeling the state pinch? Sound off in the comments section.

Date:  June 22-24, 2009
Location:  Walt Disney World Contemporary Resort, Orlando, FL

Join other tax professionals at the one conference designed to help you gain the knowledge necessary to achieve operational excellence within your tax department. ACT delivers engaging content for tax and IT professionals alike by delivering:

Case Studies

Come hear how Nationwide Insurance created tax department efficiencies.  Learn how you can prepare for IFRS convergence, as well as how you can better manage the complex issues surrounding your provision and your global tax return.

See how The Walt Disney Company utilizes technological innovations to manage compliance projects.  See how you can improve your sales and use tax automation, increase your cash flow, gain an understanding of what social networking means to tax, learn about DART tools, as well as get trained by a Microsoft Professional on Office 2007.

Learning & Information Sharing

You will also have an opportunity to join in roundtables specifically designed for attendees to share issues and ideas with their peers on topics such as basic tax information for IT professionals, managing a global tax department, ensuring data integrity, and software conversion and general tax department best practices.

Networking

As always, the conference will include the Welcome Reception on Sunday evening where you can meet other members, the Vendor Expo on Monday where you can visit with leading tax software vendors and consultants to see what solutions are available, and the networking event on Tuesday where you can talk with other corporate tax professionals in a casual, fun environment.

For a full description of the sessions or to register for the conference, please visit:  http://www.taxact.org

Comments from the Tax 2.0 Executive Forum in New York City today.

Tax 2.0 is about changing tax from a reactive, compliance-oriented world to one that is proactive, strategic and solutions-focused when it comes to the way we work. This will not happen overnight but if we work together and share our success and challenges we will be able to build a tax world that spends more time in front of the data contributing more to tax savings, as well as building environments that are more appreciated and valued. With the economic pain we are experiencing it’s more important than ever for tax departments to take the lead. 

We have 18 tax leaders talking about change and the need for tax people to think differently, speak differently, hire differently, and plan differently.  This could not come at a better time with the pressures we all face from the economy and its impact on corporate performance and the increased pressure we all face.

Let’s bond together to build a better tax community!