New research indicates that the influence of corporate tax leaders is at an all-time high, with 90% saying they’re regularly invited to weigh in on business decisions and that their recommendations carry significant weight.
About two-thirds (63%) of the 300 senior tax leaders recently surveyed by BDO said they were “very involved” in core strategic priorities like business resilience strategies.
Additionally, 60% of the respondents said the same about strategic transactions, including mergers and acquisitions, divestitures, carveouts and restructurings.
The survey of senior tax leaders also found that the top areas of concern include U.S. tariffs, Inflation Reduction Act clean energy credits, new accounting rules, transfer pricing audit activity and changes to the Tax Cuts and Jobs Act. See more survey results.