Trump Tax Reform Could Have Historic Impact for Tax Departments

PR Newswire

MT. PLEASANT, S.C., March 28, 2017 /PRNewswire/ -- The reality of major tax reform has taken center stage on the Trump Administration's political agenda. This follows the House Republicans' failed attempt to repeal and replace Obamacare.

"With Trump Tax Reform, corporate tax departments could face enormous pressure to adapt to the massive market change in tax," says Tony Santiago, president of TaxTalent and executive search firm TaxSearch Inc. "No one knows the exact impact Trump's tax plan will have on tax departments, but it could likely resemble the two previous, major U.S. tax system disruption cycles that occurred in 1986 and 1954."

The Trump Tax Reform, in addition to other significant market factors, will be the focus of a free webinar on, Tuesday, April 4, 2017 at 2 p.m. EDT. Learn more about the webinar here.

"In our 2017 Global Tax Market Assessment, we predicted a potential 'perfect storm' this year in the tax profession. We believe domestic and international tax and regulatory changes coupled with major demographic shifts in the tax profession could trigger a serious multiplier effect," Santiago says.

This tax transformation could likely force corporate finance and tax leaders to reevaluate their strategic options on staffing, retention, and talent resource management within their organizations. The challenge will be the speed at which leadership and tax departments can adapt to the changing tax climate.

Santiago, along with co-host Will Sheppard of UK based BPA Search, believes the April 4^th webinar will foster needed and relevant discussion on this important and timely topic. The goal for the event is for finance and tax leaders to better understand and address this potentially game-changing transformation.

Since founding TaxSearch in 1987, Santiago has earned a global reputation as a leading authority on building and maintaining world class corporate tax departments.

Media Contact: Ally Johnson 843-216-7444, 152323@email4pr.com

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SOURCE TaxTalent