Hello everyone, welcome to PWC Taxbyte podcast series.

My name is still Peter and I'm still very happy that I have Jorgen and Kim with me in my virtual recording studio.

As you may recall from the previous episode, Jorgon is leading our global compliance network

and Kim is part of our global statutory

center of excellence and yeah in the previous episode we have been talking about stat reporting

and why it is so held from a tax perspective and and we have talked about Pillar 2 new challenges

ESG challenges it was extremely interesting to talk about the fundamentals, I think, of statutory reporting.

And I'm very curious what we will talk about today.

Jorgen, what's on our agenda?

Thanks, Peter.

Today we're going to deep dive on data.

We were looking to the types of data you

need for statutory reporting, as well as the challenges and best practices to deal with this data

looking at the end-to-end process. Okay, but let's start with the beginning. What is the data

challenge when we focus on the statutory reporting function, Your Honor?

What we see is that the stats and the tax function as a downstream user still spends too

much time on identifying data points, collecting that data, and then transforming that data in

order to be able to use it.

And finally, reconciling their data with all other information which is available

to make sure that it's actually correct and that you can feel comfortable with that data

for the downstream use case.

So what are the data points typically requires?

...