As regulatory and compliance burdens increase for many companies, the role of — and the need for the board to rely on — the in-house tax function in meeting the company’s regulatory and compliance obligations is increasing. There are many factors contributing to this change and varying views on when board reliance on in-house tax departments is appropriate. It’s also important for boards to determine if the in-house department has the necessary resources to fulfill its expanding responsibilities.
Read the complete article by clicking the link below.
Read the complete article by clicking the link below.
Author(s)
Related Insights
23 June 2024 – 25 June 2024
Events
Infocast CCS/ Decarbonization Project Development, Finance & Investment Summit
Foley & Lardner LLP will be attending the Infocast CCS/ Decarbonization Project Development, Finance & Investment Summit at the Hilton Houston Post Oak.
17 May 2024
Consumer Class Defense Counsel
Supreme Court Rules That the CFPB Is Constitutionally Funded
On May 16, 2024, the Supreme Court reversed a Fifth Circuit decision which held that the funding for the Consumer Financial Protection Bureau violated the Appropriations Clause.
16 May 2024
Labor & Employment Law Perspectives
Five Things on the Department of Labor’s Radar for Employee Benefit Plans
All qualified retirement plans are subject to a myriad of requirements of the Employee Retirement Income Security Act of 1974, as amended (ERISA).