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Managed Services for tax and legal
Our Managed Services for tax and legal can help financial services firms across Europe meet the increasing risk, regulatory and cost pressures particular to their jurisdictions. Transitioning non-core tasks to a managed service frees up leaders to create improved value, focus on driving innovation and make better, data-led, business decisions.
What EY can do for you
Tax and legal teams are facing waves of different pressures. They often need to manage the speed and scale of regulatory change domestically, across Europe, and globally, covering topics such as BEPS 2.0, the EC’s Anti-Tax Avoidance Directive (ATAD) and the EU’s increased focus on sustainability and tax. This needs to be balanced with the increasing volume of data, the increased risk and cost this expansion drives, whilst also competing for experienced talent, and introducing the right technology for greater efficiency and gains.
There is an opportunity for European tax and legal functions to transform, to deal with these pressures and to become a proactive strategic business partner, not just a support function. And this is where managed services can play a part.
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Three steps to future-proofed customer tax withholding and reporting
Re-engineering data flows is key to holistic and efficient customer tax withholding and reporting, as demand for transparency mounts.
How tax is influencing the design of sustainable supply chains
Statutory tax penalties and incentives around sustainability and the environment are forcing a radical rethink of global supply chains.