From www.accountingweb.co.uk: Tax professionals face increasing pressures due to the complexities introduced by Pillar Two compliance, prompting many to adopt co-sourcing models for efficiency.

Cloud technologies enable collaboration between in-house teams and external specialists, allowing firms to selectively outsource certain tasks while retaining control over others.

As companies seek to adapt to evolving tax regulations, co-sourcing is becoming a more popular strategy, offering a balanced approach to managing the growing demands of tax management.