Mar 23, 2017
Tax and statutory accounting changes present complex legal questions and challenges in product development and financial reporting, underscoring the importance of collaboration between actuarial, financial and legal departments. To get perspective on best practices for tax actuaries collaborating with accountants and lawyers, we interviewed three representative tax leaders who included the chief tax officer (CTO), chief tax actuary, and chief tax counsel from three major U.S. insurance companies. From the February 2017 Taxing Times. Written by Sheryl Flum, Rena Kuliyeva and Jacqueline Yang. Read by Dan Theodore.