DiscoverTax Leaders UnpluggedHow NN Group’s 14-Person Tax Team Manages €1.3B in Tax Contributions
How NN Group’s 14-Person Tax Team Manages €1.3B in Tax Contributions

How NN Group’s 14-Person Tax Team Manages €1.3B in Tax Contributions

Update: 2025-03-26
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Peter Paul Boon, Global Director Group Tax at NN Group, joins Tax Leaders Unplugged podcast to discuss how a 14-person tax team manages tax strategy and compliance for a multinational insurer with 19,000 employees.


In this episode, he shares:


- Why NN Group prioritizes strategy over technical tax knowledge

- How to scale a tax function without increasing headcount

- The 80/20 rule of tax leadership—why tax is mostly a business function

- How NN Group trained non-tax teams to take accountability for tax risks

- Why NN Group publishes a Total Tax Contribution Report—and how it -changed their governance approach


Key Insights & Learnings

✔ Tax is 80% business understanding, 20% technical knowledge

"Most business leaders don’t care about tax memos. They need solutions, not explanations."


✔ Train your tax team to speak business, not tax

"If you can explain tax to an 8-year-old, you can explain it to your CFO."


✔ Decentralize tax responsibility across the company

"With 19,000 employees, tax risks can’t sit with 14 people. We train the business to take ownership."


✔ Be transparent: Why NN Group publishes its tax contribution report

"We started tracking our total tax contribution internally in 2013. Now, it’s a public report and a governance benchmark."


✔ The secret to influencing the CFO: Speak in cash impact, not regulations

"Your CFO doesn’t want surprises. Show them the numbers and the risks—without the jargon."


📍 Full conversation breakdown:


[00:00:00 ] Introduction – Peter Paul Boon’s journey from Dutch tax authorities to in-house tax leadership


[00:01:42 ] Why NN Group’s tax team is deeply involved in social innovation and financial literacy programs


[00:04:40 ] The Tax Elevator Pitch Test – Why explaining tax to an 8-year-old is the best stakeholder training


[00:05:28 ] Why Peter Paul Boon has stayed at NN Group for 25+ years and how he’s kept the job interesting


[00:08:54 ] Encouraging tax team members to rotate into other roles in the business


[00:09:54 ] How long does it take to reach full speed in an in-house tax role?


[00:11:36 ] The 80/20 rule – Why tax leadership is 80% business, 20% technical knowledge


[00:13:33 ] The difference between advisory tax work vs. in-house tax leadership


[00:19:00 ] How NN Group trains 19,000 employees to be tax-aware without overwhelming them


[00:20:36 ] 14 people managing tax for 19,000 employees – How they make it work


[00:22:13 ] Why tax teams should bring solutions, not problems – making tax advice business-friendly


[00:25:06 ] Letting Other People Do the Work (LOPDTW): How NN Group decentralizes tax risk


[00:26:31 ] How to make tax the co-responsibility of the entire organization


[00:29:03 ] How NN Group trains its tax team beyond technical knowledge


[00:31:17 ] The CFO-Tax Relationship – How to communicate risk and value


[00:34:21 ] Why tax teams should stop doing recurring compliance work


[00:35:40 ] How NN Group absorbed Pillar Two compliance without hiring more staff


[00:37:01 ] What Peter Paul Boon looks for when hiring: Eagerness, creativity, and being a team player


[00:39:10 ] Total Tax Contribution Reports – Why NN Group made tax transparency a priority


[00:47:00 ] Why NN Group started tracking total tax contribution internally in 2013


[00:51:05 ] Final advice: Be creative. Challenge everything. Think bigger.



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How NN Group’s 14-Person Tax Team Manages €1.3B in Tax Contributions

How NN Group’s 14-Person Tax Team Manages €1.3B in Tax Contributions

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