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Tag Archive for Head of Tax

How To Work With Management And Human Resources To Get The Tax Team You Need

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If you are Head of Tax (HOT) in an organization, you may be thinking “All these tax deadlines and tax projects are keeping me awake at night. How can this team accomplish everything we need to do in this quarter? Did I miss anything that will cost the company money? Here I am working all weekend again to meet these deadlines.” The late-nineteenth century French mathematician, Henri Poincare (1854-1912) studied the Theory of Chaos. Poincare explained,  “It may happen that small differences in the initial conditions produce very great ones in the final phenomena. A small error in the former will produce an enormous error in the latter. You can imagine what can go unnoticed on a complex corporate tax return!

After consulting to tax executives who are understaffed and overwhelmed and awake at night worrying about these very matters, I want to offer you ideas in these situations. Read more

Meeting CEOs And CFOs Who Love Their Head of Tax – Figuratively!

A CEO of a privately-held company contacted me recently about their Head of Tax retiring. I call the Head of Tax or VP Tax by the acronym “HOT” because the great ones are really on fire when it comes to saving a company revenue that otherwise would be lost forever. In this case, the company CEO hired the Head of Tax many years ago and what was remarkable was the CEO deeply appreciated and valued their work. He recognized the VP Tax saved the company hundreds of millions over the years; he recognized the value the VP Tax brought to the organization overall. It was refreshing to be part of this conversation and listening to the CEO discuss his sincere appreciation for the outstanding contributions of the VP Tax. Frankly, it is not too often that I hear a CEO talk about how much they appreciated and admired their Head of Tax. Whenever I do hear these Read more

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