As a managing director or an executive director you should take care of the following tax aspects:
Your tax function should have appropriate capacity and sufficient budget for being effective.
Permanently coordinate with your national and international tax function.
Make sure that your management has a high awareness regarding tax issues, e.g. by means of regular training.
The tax function should be consulted regarding any planned changes in business.
A full digitalization of the tax function assures high data quality, efficiency and focus on strategic tasks.
Make sure you have a strong network with national and international tax authorities.