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Tax must become an integral part of any organization’s performance management process to truly maximize shareholder value.
Businesses spend a tremendous amount of effort structuring, managing, and monitoring their operations to generate value for their organizations. Unfortunately, they are often unaware of the value being lost through tax mismanagement of these operations, which can account for a significant proportion of earnings. Our experience shows that multinational companies typically make one of two critical errors in business performance measurement. Either they ignore tax completely or they don''t effectively measure the performance of tax initiatives.
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