Corporate tax departments continue to struggle to move beyond compliance work and into more strategic roles, according to Thomson Reuters’ 2025 State of the Corporate Tax Department report, produced in collaboration with TEI. Despite ambitions to modernize, most departments remain bogged down by limited budgets, talent shortages, and outdated technology.
Fifty-eight percent of respondents said their departments are underresourced, up from fifty-one percent last year, and fifty-nine percent said they lack confidence in their ability to upgrade technology over the next two years. And although more than half plan to introduce automation or machine learning tools, many are still waiting for practical, tax-specific uses of generative AI beyond basic research and summaries.
Below are more findings from the report. To download your copy and dive deeper, even including some qualitative insights from respondents, visit tax.thomsonreuters.com/en/corporation-solutions/c/state-of-corporate-tax-report.
Source: Thomson Reuters, “2025 State of the Corporate Tax Department,” https://tax.thomsonreuters.com/en/corporation-solutions/c/state-of-corporate-tax-report.
