When it comes to maintaining financial compliance, legacy statutory reporting processes and software is not a viable option. The potential risks include penalties for late filing, inefficiencies, reputational damage, costly audits and downstream impacts for tax teams.

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andemic, Japan is set to double its GDP after signing the largest trade bloc in history, and its first economic agreement with China and South Korea.

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As the Global Head of Taxation for $22b company, Tata Consulting Services (TCS), Renu Narvekar has enviable credentials and a career history to match. Renu speaks candidly with Thomson Reuters about the 2022 trajectory, her client-obsessed strategy and being a role model for future female leaders.

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Unlike some countries (such as the US), Australia’s legislative references to tax “evasion” do not refer to a criminal offence or even a category of criminal offences.

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The multibillion dollar losses suffered by Credit Suisse following the collapse of Greensill Capital and Archegos Capital may well rank among the most significant risk and compliance failures of the past decade.

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