The Global Tax Reset & BEPS (Base Erosion & Profit Shifting)

Tax is increasingly recognized as a significant strategic business issue that can impact an organization’s competitiveness and its brand. For multinationals, identifying risks and opportunities from these developments is critical and will require an assessment of impact, weighing of options, regular monitoring, and development of a strategic plan, including a communications strategy. Key findings: Significant change is fully expected, Major impact on compliance burden, Concern over the consequences of unilateral action, Practical impact already being felt and expected to continue and Inconsistency of implementation a key hurdle to achieving cooperation.

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