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Tax Planning function to the Director of Tax?

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Should the controller assign the Tax Planning function to the Director of Tax? Why or why not?

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Solution Summary

The solution discusses the requirements for the function of tax planning including who should do it, who should review it and to what benefit the information can be used.

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Assuming the Director of Tax is the person within the organization who is skilled and knowledgeable with tax law, the job should definitely be assigned to that position. Tax planning is really a separate function from the controller function, but also ...

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