2024 State of the Corporate Tax Department Survey Report

The 2024 State of the Corporate Tax Department report by Thomson Reuters Institute highlights the challenges tax departments face, particularly talent acquisition and compliance. With a looming talent squeeze due to retirements, the report emphasizes the need for automation and technology integration to enhance efficiency and strategic focus. Key findings reveal that over half of departments feel under-resourced, yet many anticipate increased technology budgets to modernize operations and retain