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June 1, 2021

Balancing certainty and flexibility in today's tax environment

Beginning with the 2017 Tax Cuts and Jobs Act (TCJA) and continuing through passage of pandemic legislation and the recent activities with the new Biden administration, the tax landscape continues to be dynamic. Given changing tax policies and trends, proactive and effective tax compliance may require revisiting established approaches with an eye to finding the right mix of certainty and flexibility.

This recent EY article looks at key considerations organizations can evaluatein tax compliance planning to find the balance between certainty and flexibility.