A global automaker rounds the turn on tax enhancement

Meticulous KPMG assessment helps multinational level-set U.S. tax operations

Multinational corporations cannot achieve global success without strictly following tax signs and warning signals everywhere they operate. This legendary automotive company brings its exacting standards for vehicles to everything it does. That same drive for excellence inspires its behind-the-scenes operations – from the back office to the factory floor.

When the company’s Tax leadership considered how to fine- tune its U.S. Tax function, it asked KPMG’s Tax Reimagined team to conduct a meticulous baseline assessment. Find out how KPMG helped enhance an already strong U.S. Tax function to meet the company's higher global standard.

“ We examined everything and were able to deliver the framework for U.S. tax operations to match their global standards.”
— Thomas Theodoropoulos, Partner, KPMG Tax

Client: Fortune 100 Automotive company

Sector: Industrial Manufacturing 

Project: Assessment of U.S. tax operations


"It was a perfect example of flexibility and adaptability. KPMG conducted an assessment of our tax department – top to bottom and provided an analysis and recommendations that will have an impact on our tax department efficiency."

— Tax Manager, Fortune 100 Automotive company

Business Challenge

A bumper-to-bumper review

The company's global headquarters needed better visibility into the U.S. tax operation to assess efficiency, analyze costs, find possible bottlenecks, and right size the operation.

KPMG Response

Listen, learn, assess

KPMG’s Tax Reimagined team conducted a forensic assessment that examined work processes, workstreams, collaboration, accounting methods, reporting functions, data access, and an automation evaluation.

A deep-dive gap analysis was delivered along with more than 70 actionable recommendations covering optimum staff levels, outsourcing and co-sourcing opportunities, technology investments in automation, and overall cost reductions.

The Result

Delivering recommendations to drive better performance

The company now has clear visibility into their U.S. tax operation and is looking into proper staff alignment, better technology integration, and more coherent work streams to better support the growing demands of their tax function and achieve an optimal target operating model. 

Contact us

Thomas A Theodoropoulos

Thomas A Theodoropoulos

Partner, Tax, Business Tax Services, KPMG US

+1 212-872-6594
Sanford Fisher

Sanford Fisher

Principal, Tax, Ignition, KPMG US

+1 212-954-4462