TEI's Corporate Tax Department Survey: A Few Key Stats.

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In 2021, TEI launched a comprehensive Corporate Tax Department survey that highlights tax department makeup, budgeting, responsibilities, technology, and more. This survey is meant to enable tax professionals to more effectively benchmark those issues moving forward. TEI conducted similar surveys in 2004-2005 and 2011-2012, and the latest report includes insights from all three surveys to identify emerging trends in corporate tax and create a clearer context around all tax department issues.

Below are some key findings from the new report, but the full report has so much more. The full report will soon be available in the TEI store.

Over the past three years, only 12% of respondents saw a decrease in tax department staff, whereas 34% saw an increase.

Just 27% of respondents are not and have not been...