Navigating the Evolving Landscape of Global Compliance and Reporting

Forvis Mazars experts share insights on managing tax regulations, compliance challenges, and technology adoption for multinational corporations

Published on Feb. 9, 2026

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Forvis Mazars' recent Global Tax Conference in Miami brought together tax leaders to discuss the increasing complexity of global tax regulations, compliance and data challenges, and best practices for multinational corporations (MNCs) to streamline their global compliance and reporting (GCR) processes. The panel highlighted the need for a centralized approach to GCR, leveraging technology and AI to enhance scrutiny, and building trust and relationships to drive transformation.

Why it matters

As tax regulations continue to evolve globally, driven by initiatives like Pillar Two and new accounting guidance, MNCs face growing challenges in maintaining accurate local compliance and reporting. Centralized GCR strategies, technology adoption, and strong relationships can help companies mitigate tax risks, create efficiencies, and stay competitive in the face of increasing scrutiny from tax authorities.

The details

The panel discussed how evolving tax regulations, such as Pillar Two and FASB's Accounting Standards Update 2023-09, are demanding more jurisdictional-level tax effect disclosures, making accurate local compliance and reporting critical. This, combined with the need to mitigate tax risk from using disparate tax preparers and advisors, has led to a push for a centralized approach to GCR. Tax authorities are also leveraging technology and AI to enhance scrutiny of disclosures, emphasizing the need for MNCs to prioritize compliance and embrace new technology. Emerging trends like ESG reporting and data standardization are further reshaping the GCR framework, requiring companies to adapt quickly.

  • Forvis Mazars' first annual Global Tax Conference was recently held in Miami.

The players

Phil Laminack

Partner at Forvis Mazars.

Eric Flueckiger

Partner at Forvis Mazars.

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What they’re saying

“As a global tax leader, you worry about filings in various jurisdictions. GCR provides a central team and point of contact to manage global responsibilities, offering peace of mind and visibility through technology and dashboards.”

— Phil Laminack, Partner (forvismazars.us)

“Structured teams enable focus on global tax strategy and efficiency, beyond just compliance”

— Eric Flueckiger, Partner (forvismazars.us)

What’s next

MNCs should consider best practices such as structured engagements, centralization and standardization, leveraging technology and AI, building trust and relationships, and empowering teams to streamline their global compliance and reporting processes.

The takeaway

As the global tax landscape becomes increasingly complex, multinational corporations must prioritize a centralized approach to global compliance and reporting, embrace technology and data management, and foster strong relationships to mitigate risks and stay competitive in the face of evolving regulations and heightened scrutiny from tax authorities.