Where can you get tax insight and explore leading tax technology? Welcome LAURENCE KIDDLE, MANAGING DIRECTOR EMEA CORPORATE MARKET

Where can you get tax insight and explore leading tax technology? Welcome LAURENCE KIDDLE, MANAGING DIRECTOR EMEA CORPORATE MARKET

LEADING COMPANIES USE ONESOURCE FTSE 100 Fortune 500 Fortune 1000 Financial Times Global 500 62% 79% 74% 60% *Percentage of ONESOURCE clients within each category

LIVE POLLING CONVENE MOBILE APP

The New Normal

SHAPING THE NEW NORMAL DEMOGRAPHICS TAX IN THE BUSINESS TECHNOLOGY REVOLUTION NEW REGULATORY ENVIRONMENT

Technology Revolution

TECHNOLOGY S IMPACT ON TAX: 4 KEY TRENDS Global transition to Cloud software Automation of knowledge tasks Government requirements driving technology Analytics to generate value from data

WILL A ROBOT TAKE YOUR JOB? Source - BBC

New Regulatory Environment

CHANGING ATTITUDES OF TAX AUTHORITIES Tax Authorities demanding greater transparency Increasing compliance requirements and risks of non-compliance Need for tax control frameworks We are one of the first companies in the Netherlands to offer the tax authorities access to our corporate tax solution. We want to be completely transparent. They visit our premises, we give them a laptop and load ONESOURCE and they can check exactly where the numbers are coming from and how the tax return is put together, NXP Netherlands

POLLING QUESTION Is your company ready for BEPS Action 13 and Country by Country Reporting? Yes Plans in place but not ready today No Don t know

Tax in the Business

Demographics

DEMOGRAPHIC SHIFTS AND THE TALENT GAP Talent gaps getting the right skills and keeping them Expectations of a millennial workforce - Approximately 9.7 million millennials in the UK labor market currently - The millennial generation is expected to make up 75% of the global workforce by 2025 - (The Deloitte Millennial Survey, 2014)

Adjusting to the New Normal

ADJUSTING TO THE NEW NORMAL Flexibility Cloud enablement Analytics and automation Digital

INSIGHTS from our Tax Technology Survey 60% Currently, tax personnel spend up to 60% of their time on data management tasks.

WHEN ASKED HOW IMPORTANT IS HIRING A TAX PROFESSIONAL WITH PROFICIENCY IN TAX TECHNOLOGY: Important/ Very Important Currently Important/ Very Important In Five Years Important/ Very Important Five Years Ago 32% 87% 90% 61% said that they do not currently have a tax technology role in place

Noun [taks-ol-uh-jist] A tax professional that excels in the use of technology to maximize tax function effectiveness. Taxologists are tax professionals who embrace technology to yield remarkable results. 22 They expand their thinking and increase collaboration in their organization. Their actions generate impact far greater than themselves. They are problem solvers. They challenge the status quo.

POLLING QUESTION Does Your Company Have a Tax and Accounting Technology Strategy? Yes Known requirement but none today No Don t know

A TAX TECHNOLOGY PLATFORM COMPLIANCE & REPORTING DATA MANAGEMENT GLOBAL RESEARCH & PLANNING PROCESS MANAGEMENT SERVICES & SUPPORT ANALYTICS GLOBAL TRADE MGMT

SHAPING THE NEW NORMAL DEMOGRAPHICS TAX IN THE BUSINESS TECHNOLOGY REVOLUTION NEW REGULATORY ENVIRONMENT

Where can you get tax insight and explore leading tax technology? STEVE SMITH, DIRECTOR OF PRODUCT MANAGEMENT EMEA CORPORATE MARKET

EMEA Product Management Direct Tax Indirect Tax Transfer Pricing Statutory Reporting Workflow & Data Management

Building The Right Thing TIMELINE OF NEW PRODUCTS Q4 2016 - OITC Customers - BEPS & OOXP Q1 2017 - OTP - OSR Partners Product Roadmap Regulatory Bodies NB Stress approach to upgrades timing worked out with customer, Internal Innovation

Partnering With Our Customers

OneThought@tr.com

ONESOURCE Achievements Direct Tax Fully integrated Direct Tax suite

Direct Tax Suite Statutory Reporting Corporate Tax Tax Provision General Ledger Manager

ONESOURCE Achievements Direct Tax Fully integrated Direct Tax suite Further integration with Statutory Reporting 6 new jurisdictions in development

ONESOURCE Achievements Indirect Tax Legislative updates across 16 countries Preparation for India GST & China VAT Integrated workflow

ONESOURCE Achievements Transfer Pricing BEPS Action Manager Operational Transfer Pricing Full Transfer Pricing suite implementation

ONESOURCE Achievements 15 new country templates 8 further countries starting development Managed upgrade process Statutory Reporting

ONESOURCE Product Strategy USER EXPERIENCE PLATFORM ECOSYSTEM SHARE CAPABILITIES GLOBAL EXPANSION

ONESOURCE Product Releases STATUTORY REPORTING OPERATIONAL TRANSFER PRICING TAX PROVISION & WORKPAPERS NOV 2016 DEC 2016 Q1 2017 NOW Q2 2017 INDIRECT TAX COMPLIANCE BEPS ACTION MANAGER

Where can you get tax insight and explore leading tax technology? ONESOURCE Roadmap IRISH MCINTYRE, VICE PRESIDENT PRODUCT MANAGEMENT, CORPORATE THOMSON REUTERS

Where can you get tax insight and explore leading tax technology? Welcome LAURENCE KIDDLE, MANAGING DIRECTOR EMEA CORPORATE MARKET

AGENDA 9.30 am Auditorium Welcome & ONESOURCE Solutions Roadmap 11.00 am Foyer Refreshment Break Auditorium Direct Tax Integration and Automation Client Dining Streamlining Tax Data Management 11.30 am Meeting Rooms 1&2 Managing Your Indirect Tax Risk Profile Globally Demo 1 & 2 Solution Showcases 12.30 pm Foyer Lunch 1.15 pm Auditorium Guest Speaker Daniel Susskind, The Future of The Professions Auditorium BEPS Update - Regulations and Technology Solutions Client Dining Managing Tax and Compliance in Shared Service Centres 2.15 pm Meeting Rooms 1&2 ONESOURCE FATCA/CRS Reporting Demo 1 & 2 Solution Showcases 3.15 pm Foyer Refreshment Break Auditorium Automating Tax Provision Client Dining How to Build a Business Case for Tax Technology and Transformation Projects 3.45 pm Meeting Rooms 1&2 Managing VAT and Global Trade Management Demo 1 & 2 Solution Showcases 4.45 pm Auditorium Implementing BEPS and Country By Country Reporting Panel Discussion 5.30 pm Foyer Cocktails

GUEST SPEAKER Daniel Susskind The Future of The Professions

CONVENE MOBILE APP Agenda Attendees Session Feedback Social Media Ask Questions for Guest Speaker and Panel Discussion

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THANKS TO PRESENTERS AND SPONSORS

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