|
|
Article: Integrated corporate tax management system.
- Article from:
- The Tax Adviser
- Article date:
- July 1, 1995
- Author:
CopyrightCOPYRIGHT 1995 American Institute of CPA's. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Background
Change is rarely easy. Increasingly, however, corporate tax departments have been asked to make changes in their pursuit of improved, streamlined and more cost-efficient operations. During the late 1980s, Citicorp realized that its tax function needed to change, both from a process and technology standpoint. Not only were Citicorp staff resources fully used and stretched thin, but an ever-increasing compliance burden, rapidly changing technology and management's demand for greater cost efficiency had all combined to make the situation worse, and prompted Citicorp to assemble a team of tax and systems experts to address then-current tax processes and tools. ...