- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Elation morphed into confusion in the first quarter as companies celebrated tax reform, then dug in to figure out what it all means and how to comply.
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Accounting rulemakers have their work cut out for them trying to determine how to meet investors’ needs for information about corporate tax risks without breaking preparers’ backs.
Overwhelmed by an onslaught of requirements, data, and technology, tax departments are beginning to look for new ways to achieve compliance.
Shifting from one uncertain position to another, companies are facing a subtle but important change in how to explain tax reform to investors.
