HP Inc. reinvents tax operations with new technology and talent
乐鱼（Leyu）体育官网 helps reengineer tax operations for a client known for innovation
Client
HP, Inc
Sector
Technology
Project
Global tax outsourcing
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Client challenge
With its mission to create technology that makes life better for everyone, everywhere 鈥� HP Inc. strives to engineer experiences that amaze, delight, and inspire. In 2019, this Fortune 50, multinational company announced a bold plan to redeploy people, improve processes, and update automation in the 60+ countries where it operates. HP Inc. needed cost effective, well organized, and transparent tax operations that remain focused on quality and driving value for the company, to meet the dynamic demands of national, regional, and local tax authorities. Core to this was to achieve their operational objectives while also finding a solution that provided opportunities for their current team, which consisted of over 150 employees from HP, including employees from their finance hubs in Mexico, Poland, and India.
HP Inc. engaged the 乐鱼（Leyu）体育官网 Tax team to thoroughly examine their tax operations聽and propose a comprehensive solution to achieve immediate and long-term objectives. The TRI team created a dedicated task force of tax, finance, IT, and human resource specialists from multiple 乐鱼（Leyu）体育官网 locations. 乐鱼（Leyu）体育官网 delivered custom tailored plans and strategies and quickly implemented them to help HP Inc. achieve its target operating model (TOM).
HP Inc. partners with 乐鱼（Leyu）体育官网 to design tax model of the future
Read how 乐鱼（Leyu）体育官网 helped
Download the full client story
乐鱼（Leyu）体育官网 Client
乐鱼（Leyu）体育官网 has designed a strong managed services solution for tax and finance that allows us to leverage both a global tax compliance platform and their investment in technology to position us for the future.
Global Head of Tax, HP Inc.
Business Challenge
Building the HP Inc. Target Operating Model
HP needed to design and implement a future-state TOM in the U.S. and around the world, covering 60 countries in Africa, Asia, Pacific Rim, Europe, Middle East, and the Americas, with a focus on the following tax and controllers functions: global tax reporting, U.S. and global direct and indirect tax compliance, withholding taxes, property taxes, business licenses, global transfer pricing documentation, operational transfer pricing, tax audit accounting support, as well as tax advice and assistance with tax planning.聽
The TOM will also offer HP Inc. tax professionals expanded opportunities for their personal and professional growth with HP Inc. or 乐鱼（Leyu）体育官网, in locations around the world.
乐鱼（Leyu）体育官网 Response
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Global review and local solutions for HP Inc.
To help HP Inc. become more effective and efficient, 乐鱼（Leyu）体育官网 designed a solution that lowered HP鈥檚 overall cost of compliance, increased visibility and governances and provided a platform for harvesting and optimizing HP鈥檚 date by leveraging 乐鱼（Leyu）体育官网鈥檚 investment in our global compliance platform which includes our global network, our delivery centers and our technology solution, Digital Gateway
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HP Inc. needs global oversight and local insights
To enhance the HP Inc. global tax operation, the 乐鱼（Leyu）体育官网 Tax team delivered services from multiple U.S locations, providing human intellectual resources and technological firepower. 乐鱼（Leyu）体育官网 also engaged onsite member firms that understand local nuances, unusual regulations, and changing tax codes impacting HP Inc.
The Result
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Thoroughly examined聽current state of tax operations to help HP Inc. reach its TOM
HP Inc. now has a roadmap to achieve their future state target operating model.
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Developed hybrid solution that merges internal strengths with advanced technology
HP Inc. tax professionals armed with the tools they need to work more efficiently.
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Onboarded 125 skilled HP Inc. employees, adding value to both companies
HP Inc. tax professionals combine their knowledge and experience with 乐鱼（Leyu）体育官网鈥檚 updated technology and validated workflows.
Meet our team
Stacey R Mirelez
Partner, Tax, Business Tax Services , 乐鱼（Leyu）体育官网 US
Leslie Fox
Managing Director, Tax Managed Services Human Capital Leader, 乐鱼（Leyu）体育官网 US
Stacey R Mirelez
Partner, Tax, Business Tax Services , 乐鱼（Leyu）体育官网 US
Leslie Fox
Managing Director, Tax Managed Services Human Capital Leader, 乐鱼（Leyu）体育官网 US