A majority of companies do not have a formal, documented tax risk management strategy in place, according to a newly released survey.

Sixty percent of the 546 respondents surveyed by the Tax Governance Institute said their companies lack such a strategy. The same percentage acknowledged that the assessment and management of tax risk has become a greater priority for corporate leadership during the past 12 months.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access