Deloitte Tax has broadened its partnership with Snowflake, an AI-driven data cloud company, with the objective of updating tax data management practices. 

The expansion is focused on addressing challenges associated with cloud modernisation and aims to introduce enhanced data solutions and analytics for tax teams. 

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The collaboration will concentrate on building foundational data systems, which are intended to help tax departments make better use of technology, lower integration expenses, and access both historical and current data for their operations.  

By aligning Deloitte’s tax expertise with Snowflake’s data management platform, the alliance will offer a consolidated view of tax information to support accurate reporting, easier reconciliation, and more strategic planning. 

Deloitte Tax CEO and chair Carin Giuliante said: “Deloitte Tax is committed to driving innovation in tax data management, and our expanded alliance with Snowflake is a testament to that commitment.  

“Together, we will empower our clients with cutting-edge data management capabilities that not only streamline tax processes and enhance data accuracy but also lay the groundwork for future AI-powered solutions to support strategic decision-making.” 

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A key element of the initiative involves the joint development of tools to accelerate tax data management across various areas.  

Deloitte Tax and Snowflake are working together on unified data models designed to integrate information from different sources and provide consistency throughout tax processes.  

Additionally, it will see the introduction of standardised reporting formats based on common data frameworks such as workpapers, system integration, exception handling, and management reporting.  

The collaboration will also include efforts to create structured datasets that support the implementation of generative AI in tax functions.  

Snowflake Americas Alliances VP Amy Kodl stated: “We are excited to expand our alliance with Deloitte to enhance tax data management and analytics. 

 “This relationship will deliver scalable, structured data solutions, helping organisations manage tax processes more efficiently. By combining Snowflake’s cloud platform with Deloitte’s tax experience we aim to address current client challenges and pave the way for AI-powered solutions, enabling predictive analytics and strategic decision-making.”