Which of the following statements are true of your company?
Source: KPMG International 2009, 2012
2009
2012
84%
93%
We have a tax strategy that is consistent with
our overall business strategy
48%
77%
The board has approved the tax strategy
48%
75%
Our approach to tax risk management has been approved by the board and/or corporate leadership
51%
73%
The board and/or corporate leadership has provided guidance directly to the tax department regarding the strategy
66%
71%
We have a documented approach to tax risk management
60%
70%
We have global standards related to tax policies and procedures
N/A
63%
We have formally documented our tax strategy
(2012 survey only)© 2013