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Trends in finance transformation towards the greater use of global business servicing is pushing many in-house tax functions to align their operations towards more centralised models. At the same time, changes in rules governing international tax compliance, such as Pillar II and digital filing requirements, further drive tax functions to adopt more centralised operating models.

Whether driven by changes in compliance or by wider finance transformation, to what extent is the tax operating model evolving from a ‘group’ to a ‘global’ function? The transition may place greater emphasis on the tax team’s role as business partner rather than in-house tax advisor. How can tax teams prepare and adapt or help drive this change?