Sal Partners understands how important defining the right tax operating model is for your business; talent acquisition plays a key role in this process. Tax leaders must ensure the function is structured correctly to ensure the department delivers on its objectives. In support of this we appoint talent across the following specialisms:
Corporate Tax
Tax is constantly evolving, ensuring accurate compliance is increasingly complicated given the rapid pace of legislative and regulatory change, and the increasing digitalization of authorities. In addition, careful tax planning is vital for business success in an uncertain global economy. The impact of the OECD’s work on BEPS has driven greater international cooperation and information sharing. Consequently, risk, governance and process improvement are all key areas of interest for the Head of Tax. Functions are being pushed to operate more efficiently and to embrace automation. Whilst there is a call to re-calibrate talent to meet such demands, there is a continual requirement for tax professionals whether their focus is on compliance, reporting or tax advisory. Our knowledge and network of this segment of the tax community enable us to appoint the best talent for your organisation.
Transactions Tax
Despite the uncertainty and adverse trading conditions, M&A activity remains buoyant across certain sectors. However, as tax authorities tighten their focus on transactions (notably the OECD’S action plan around BEPS) the potential for major tax reforms combined with an uncertain political landscape means the M&A market is by no means a “steady state”. Acquisitions, disposals, refinancing, restructuring or an IPO, every transaction presents a variety of tax implications. Such specialists remain influential figures as they help identify the critical considerations which accompany a transaction. Whether they sit within an in-house function or an advisory practice, Sal Partners can provide the necessary research and insights into this specialised area of the market to support you in your hiring requirements.
Indirect Tax
Indirect taxes are a key area of interest for the tax function and one which has seen an increase in focus when considering the current tax agenda. As a result, the specialism forms an integral part of today’s tax leadership team and are thus regarded as critical hires. Political uncertainty, regulatory changes and risk management all support the notion for transformational change. As authorities look for increased levels of tax data and filing requirements, organisations are seeking more efficient and cost-effective ways to manage their tax processes. Consequently, indirect tax technology specialists play a key role given their understanding of the specific tools required to improve operational efficiencies; working alongside their VAT compliance & advisory counterparts. As this particular specialism continues to take centre stage, Sal Partners are well placed to help structure your requirements.
Transfer Pricing
As globalisation continues, multinationals are operating at a time of unprecedented change, with rules and regulations increasing in both volume and complexity. The introduction of BEPS and country-by-country reporting (CbCR) has led to an increase in enforcement activities. Transfer Pricing specialists must therefore ensure they are well familiarised on a variety of international tax laws, rulings and regulations to deal with the issues facing the function. On-boarding those with experience in negotiating complex pricing agreements and dispute resolution, combined with an understanding of systems and processes will be key. Sal Partners can utilise and introduce you to our international network of Transfer Pricing specialists, which in turn can positively influence levels of diversity across your tax function.
Human Capital
Disruptive forces are impacting the way we work; the topic of mobility is continually evolving bringing with it more complex work patterns and subsequent employment issues. Organisations are having to face unique challenges in dealing with the tax implications of rewarding, retaining and incentivising their employees. How multinationals are successfully managing their talent is vital if they are to retain a competitive edge. Employment tax issues are becoming increasingly frequent, given the tax function is central to compliance and governance on a global scale. Sal Partners has the knowledge and experience of this particular specialism to positively influence your people strategy. Making sure the right people, with the right capabilities are in the right positions so they can positively influence the objectives of the function.
Tax Technology & Transformation
Tax authorities’ risk-based approach means organisations are seeking more efficient ways to manage their processes given the continual pressure to ensure SAO and governance standards are met. The tax functions must ensure they have the right processes, technologies and of course, people in place to manage the increased workflow to deliver on the objectives set for quality and control. Technology underpins the workings of the new digital tax function. Approached correctly, the function is able to meet the demands of the global digital economy, ensuring efficient compliance which fuels strategic business decisions. Identifying talent to support the tax function in these areas is increasingly challenging given the blend of skills required. Understanding this fusion, combined with our knowledge of this talent pool allows us to present the best talent available.