Thomson Reuters
2025 State of the Corporate Tax Department Report
Pages
30
Time to read
41 mins
Publication
Language
English
Pages
30
Time to read
41 mins
Publication
Language
English
The 2025 State of the Corporate Tax Department report is a comprehensive analysis of survey responses from senior decision-makers in corporate tax departments globally. The report outlines the challenges and priorities faced by tax departments amid ongoing market uncertainties. Key findings indicate that tax departments are struggling with compliance demands, budget constraints, and talent shortages, which hinder their ability to adopt new technologies and automation. Despite these challenges, there is optimism regarding the potential of generative AI and other technologies to enhance efficiency and compliance. The report details that over half of respondents expect additional budgets for new tech tools and that many departments plan to implement automation soon. However, it also highlights that a significant percentage of departments feel under-resourced and lack confidence in their ability to upgrade technology effectively. The methodology section describes the survey process, including the demographics of respondents and the sectors represented, providing context for the findings presented.