Compensation and Other Sensitive Boardroom Tax Issues

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.

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