Webinar – Tax forecasting and CbC reporting: navigating challenges in light of pillar two

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Webinar – Tax forecasting and CbC reporting: navigating challenges in light of pillar two

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Join ITR and insightsoftware at 2pm GMT (3pm CET) on March 20 2024 to hear about the increased reporting complexities introduced by pillar two and how to navigate them through efficient management of data

As pillar two becomes a reality, is your tax team set up with accurate financial forecast data to tackle the challenges of interim reporting and long-range forecasts? Are you confident your organisation’s country-by-country (CbC) reports can be generated quickly to support the pillar two safe harbour tests, and that they will be qualified and auditable?

Disconnected systems and manual processes compromise data integrity and waste valuable time. Organisations should tackle the complexities of CbC reporting and tax forecasting with robust, quality data within a single source of truth, calculated and presented in a solution built for automation and compliance.

In a webinar on March 20, these issues will be explored in depth by insightsoftware, a global provider of reporting, analytics, and performance management solutions in the tax and finance field.

Kathryn Abate, senior product manager at insightsoftware, and Ben Candy, an associate director in Deloitte’s tax technology consulting practice, will discuss:

  • The challenge of producing detailed, auditable CbC reporting data;

  • Process improvement around CbC reporting to produce qualified reports quickly;

  • The lack of forecast financial data suitable for tax;

  • Options for efficiently generating suitable forecast data based on prior-year data, more high-level information, trends, and knowledge of the business; and

  • Simplifying and automating the interim and long-range forecast.

The webinar aims to assist tax, finance, and IT professionals across a diverse range of industries and job titles, including financial analysts, compliance officers, C-suite executives, and anyone involved in tax planning and reporting.

There will be a Q&A session at the end of the webinar, with the opportunity to raise questions throughout the event.

Don't miss this opportunity to equip yourself with the knowledge and strategies needed to manage the complexities of tax forecasting and CbC reporting in light of pillar two. Register now for a webinar that will help you to navigate the challenges with confidence and efficiency.

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