This article is written to help tax executives understand what is happening in the market now. It is also written to help CFOs and VPs HR understand what they can do to support their tax organization. Believe it, your tax organization will need a lot more support than you may have given them in the past.  Tax reform has just delivered a big package of surprises no one is really prepared for yet. The tax organizations staffed to study these changes will do far better strategically and financially so now is the time to start putting together a plan of action.

As an example, allow me to share what one of my early career clients did regarding tax planning. During the last major tax reform under President Reagan, an emerging company in Silicon Valley called me to help them find a tax lawyer who would go through the new 1986 Transfer Pricing Tax Legislation , the White Paper and figure out what was in there. They retained me to find a strong researcher and strategic planner to go through the government’s position on newly issued transfer pricing regulations. They wanted to figure out the new rules and how to come up with a strategic long term tax plan to grow their business.  Want to know who this company is?  This company now has annual revenue of 234Billion and is called Apple Computer!

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