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Tax & Tech Talks

Tax & Tech Talks

Thomson Reuters

Welcome to Thomson Reuters Tax & Tech Talks. We chat with industry experts as they give you a bite-size take on big ideas in tax and technology.
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Top 10 Tax & Tech Talks Episodes

Goodpods has curated a list of the 10 best Tax & Tech Talks episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Tax & Tech Talks for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Tax & Tech Talks episode by adding your comments to the episode page.

What are the dramatic effects of the Biden Administration’s enactment of significant tax proposals under Democrat-Republican (50-50) control? When can we expect new COVID relief? Should corporations make structural changes or change their business operations based on these proposals? How can taxpayers take proactive steps to advocate for workable tax policies?

In our special episode, Thomson Reuters own Melissa Oaks speaks to tax policy expert Michael Mundaca, US National Tax Department Leader for EY Americas. We get an insider’s look at what to expect in the first one hundred days and beyond, as well as key takeaways on how organizations can strategically plan for the future. Michael served at the US Treasury Department as the Assistant Secretary for Tax Policy, heading the Office of Tax Policy under Treasury Secretary Tim Geithner and President Obama. He offers valuable advice and insights on how corporations can influence policy and think more holistically in the years ahead.

Questions? Contact us

Additional Resources:

About Michael Mundaca

Melissa Oaks’ Twitter page

A Run Through of the Payroll-Related Provisions of the Latest COVID-19 Law

Consolidated Appropriations Act, 2021: analysis, tools, client letters, and the latest guidance [Direct link for subscribers]

Washington in 2021– What’s on the policy agenda?

Year-end 2020 COVID and omnibus legislation

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Since 2020, supply chain disruptions have continued to mount, which has resulted in these unprecedented changes. Everything from the chips for computers to living room sofas is causing many delays to suppliers, factories and customers. More disruptions are coming, As the World Customs Organization makes their every 5-year large Harmonized System changes effective January 2022, introducing 351 sets of amendments covering a wide range of goods across industries. In this episode, global trade experts Suzanne Offerman talk to Virginia Thompson and Brandon Jones as they unpack the new changes to the HS rolling out in 2022, including strategies and tools that global trade professionals can use to mitigate the disruption of their supply chains.

Our experts share key takeaways on the following challenges and more:

  • What the biggest changes in HS that global trade professionals should watch out for
  • What a 'best practice' approach on how to assign HS numbers to a product looks like
  • What happens when traders misclassify something and what the compliance and business impacts
  • How can technology help alleviate these changes

Helpful Resources:

Suzanne Offerman LinkedIn

Virginia Thompson LinkedIn

Brandon Jones LinkedIn

Key updates in the Harmonized System 2022 Edition

2022 tariff schedule will reflect new product streams and global environmental & social issues

Overcoming classification obstacles

ONESOURCE Global Classification

Tax & Tech Talks: How tech tools help mitigate supply chain disruption

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Tax & Tech Talks - How To Achieve Global Statutory Financial Compliance
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08/09/21 • 23 min

How can automation technology assist finance departments and Shared Service Centers with standardization and centralization of their global reports?

Filing financial statements is a legal obligation in most countries worldwide, but each jurisdiction has its specific reporting requirements and, therefore often remains retained with an in-country finance team. The impact on how businesses operate and the future of work have been brought to the fore now more than ever. Organizations are looking to automate, not just to drive efficiency and avoid human error, but to leverage human skills at the higher value end of a process – to help provide businesses with the information they need to make the right decisions.

In our latest episode, our host Briony Kempton talks to customer TMF Global’s Pavlo Boyko on how automation technology can assist finance departments and Shared Service Centers with standardization and centralization of their global reports.

Here, they discuss and give critical takeaways on how technology solutions can offer both standardized delivery of statutory reporting processes and assure that content-based knowledge and translation facilities address any localization concerns.

Additional resources:

Briony Pavlo’s Linkedin https://www.linkedin.com/in/briony-kempton-974539a9/

Pavlo’s Linkedin https://www.linkedin.com/in/pavloboyko/

Global disclosure management software to standardize and automate global financial statement preparation

AI For Humanity

SSON Report: Statutory Reporting in Shared Services

Definitive Guide: Harmonising Global Financial Reporting eBook

Do More with More? Dissecting the Fast Pace of Digital Transformation and Its Tax Implications

The future is here.. almost! Questions AI can solve in tax

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How can artificial intelligence help tax departments? Our host, Bianca Kuijper sits down with AI and tax experts Ronald Hein and Tim van Uden to unpack this very complex topic.

Episode Notes:

Historically tax has been not been a front runner in fast automation but with increasing rules and regulations tax has become a hot topic and is finally getting the attention it deserves from the boardroom. In this thought-provoking episode, we discuss the research the SMRTR team is working on that combines process automation with all new kinds of innovations and technologies to help tax professionals become more efficient and if AI can eventually assist with decision making and problem-solving.

Questions? Contact us.

Additional Resources:

Bianca Kuijper’s LinkedIn Page, SMRTR Website

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Tax & Tech Talks - How Tech Can Help with Complicated Tax Codes
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08/26/20 • 36 min

In this episode, host Bianca Kuijper and guest Kim Majure unpack the OECD’s recently released set of mandatory reporting of cross-border arrangements requirements and what taxpayers and intermediaries can do to get ahead.

Episode Notes:

With complex tax codes and changing regulations, it’s no surprise that keeping up with tax reforms and complying with constantly changing regulations came up as the #1 challenge cited by our respondents in our newly published report.

Join our host, Bianca Kuijper, Director of Direct Tax and Trends for Pricing Propositions at Thomson Reuters as she discusses the many nuances of BEPS Action 12 with expert Kim Majure, Principal at the International Tax group of KPMG's Washington National Tax practice.

Questions? Contact us.

Additional Resources:

DAC6 compliance, now and for the long term, Change is the Only Constant in Tax– Keep Up by Embracing Technology Today, Bianca Kuijper’s LinkedIn Page, Kim Majure KPMG bio page

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After an unprecedented tax year and an ever-changing regulatory environment, the challenges of today’s tax teams are more important more than ever. As the effects of the pandemic continues to reverberate well into 2021, resource-constrained tax professionals need to unceasingly adapt to ongoing challenges, like extended deadlines and new ways of working.

In this episode, Thomson Reuters Bianca Kuijper takes us through a “behind-the-scenes” look at the industry’s most trusted and powerful corporate income tax solution. She is joined by our own technology and customer success experts, Alycia Hemingway and Sudha Addepalli as they share best practices and strategies tax professionals can put into place to ensure a smooth tax filling season.

Key topics discussed:

  • How the right technology grows with the needs of customers
  • Technology solutions tax professionals should look for to ensure a smooth filling season
  • How e-filling has impacted tax professionals
  • Tools customers can use to ensure correct tax filling
  • How the right user community can aid tax professionals crowd-source ideas

Helpful Resources:

Bianca Kuijper’s LinkedIn

Alycia Hemingway’s LinkedIn

Sudha Addepalli’s LinkedIn

Tax & Tech Talks: How AI and Machine Learning Can Help With K-1s

Tax & Tech Talks: Tax Game Changer: Analytic Process Automation

Tips, Tricks, and Best Practices to Closing the Quarter from Home

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Extensive tax reform or real-time reporting requirements put even heavier demands on tax teams. In our 2021 State of the Corporate Tax Department survey, tax teams worldwide responded that tax departments with advanced technology engines considered themselves more 'sophisticated or predictive' and right-sized in terms of resources than their chaotic reactive counterparts.

How can tax departments add value to their organizations, reap the benefits of investing in streamlining and automating processes, and feel better shaped to achieve strategic goals and address the challenges they may face? What are the drivers to success or failure in adopting technologies?

In this episode, our own Bianca Kuijper talks to EY America's Shaun Lockhart, on how organizations can build business cases to fund transformation work and help reduce the overall cost of the tax functions. They provide insights into how technologies make the most positive impact, create efficiencies, save time, improve data quality, and provide meaningful insights. Turning the time saved and the high-quality data into meaningful insights sets sophisticated or predictive tax departments apart from the rest.

Additional Resources:

2021 State of Corporate Tax Department Report

How To Achieve a Proactive Tax Function and Why Your Journey Starts With Data Management

Tax Technology and Transformation Survey 2020 | EY - Global

Corporate tax provision software and risk mitigation

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Tax & Tech Talks - Welcome to Thomson Reuters Tax & Tech Talks
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10/13/20 • 0 min

Welcome to Thomson Reuters Tax & Tech Talks– insightful conversations that tackle the ever-evolving intersection between tax and technology. We chat with industry experts to give you a bite-size take on big ideas in tax and technology. Join our array of esteemed hosts as they sit down with subject matter experts and business leaders to give you unique and insightful perspectives on top-of-mind topics in tax.

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The disruptions due to COVID has hastened many industry tax trends simmering on the surface even before the pandemic hit. These new rules and trends can have a lasting effect beyond 2022 and even the next five years. Moreover, with economic stimulus packages rolling out from governments worldwide, it's no secret these governing authorities will be looking for ways to charge indirect taxes to refill their coffers.

Thomson Reuters’ own Chris Harris, Chris Reich, and Dan LeCompte from KPMG offer information on what tax professionals need to know and understand as they navigate discussion on automation, people, process, technology, and how it integrates with their organizations.

Additional resources: Chris Harris LinkedIn, Chris Reich LinkedIn, Dan LeCompte LinkedIn.

How States Responded to South Dakota v. Wayfair in 2018

Economic nexus: How to keep up with changing sales and use tax requirements

Use automated tax software to safeguard your indirect tax team

How to Optimize Tax & Finance Functions

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.

© 2021 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization.

The following information is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

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Tax & Tech Talks - Superfund - Are you ready?
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06/08/22 • 20 min

Listen to this new podcast, and hear how Thomson Reuters and KPMG are working together to help businesses better manage the impact associated with the reinstated Superfund Excise Tax. Understand more about the new regulations, how to calculate the tax, and how to comply with these complex reporting requirements.

Show notes:

Jesse Shannon, Senior Product Marketing Manager, Indirect Tax, Thomson Reuters

Robert D Kleppel, Partner, State and Local Tax, KPMG

Taylor Cortright, Managing Director, Federal Excise Tax Practice, KPMG

Chris Harris, Senior Solution Consultant, Thomson Reuters

Carl Davis, Director, Product Management, Thomson Reuters

Resources:

What is Superfund? How to prepare and comply

First-to-market Superfund Excise Tax Calculations within ONESOURCE Determination

5 indirect tax trends shaking up corporate landscapes

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FAQ

How many episodes does Tax & Tech Talks have?

Tax & Tech Talks currently has 20 episodes available.

What topics does Tax & Tech Talks cover?

The podcast is about Management, Tax, Podcasts, Finance, Technology and Business.

What is the most popular episode on Tax & Tech Talks?

The episode title 'Superfund - Are you ready?' is the most popular.

What is the average episode length on Tax & Tech Talks?

The average episode length on Tax & Tech Talks is 29 minutes.

How often are episodes of Tax & Tech Talks released?

Episodes of Tax & Tech Talks are typically released every 28 days.

When was the first episode of Tax & Tech Talks?

The first episode of Tax & Tech Talks was released on Jul 17, 2020.

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