Following insights from a recent webinar, Mark Oh explores how indirect tax compliance is rapidly shifting toward real-time reporting—driven by increasing regulatory scrutiny—and why organisations must embed AI into transaction workflows to detect, manage, and resolve issues earlier in the lifecycle. By moving beyond traditional, end-of-period processes, tax and finance teams can strengthen data accuracy, reduce compliance risk, and stay audit-ready in an always-on reporting environment.

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This Budget reshapes Australia’s corporate tax landscape. Alongside headline reforms to CGT and trusts, businesses get new opportunities through loss carry‑back, a permanent instant asset write‑off and expanded R&D incentives—if they act early.

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Corporate tax departments are no longer defined solely by compliance. Leading tax functions are repositioning themselves as strategic partners, embedding commercial insight, technology and cross‑functional collaboration into business‑critical decisions.

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Corporate tax departments are being asked to do more with less as regulatory complexity rises, talent remains scarce and expectations shift. The 2025 State of the Corporate Tax Department explores how tax leaders are responding, and where smarter resourcing, technology and new ways of working are making a difference.

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