Media ›

Back tax overhaul, but doubt it will succeed

Back tax overhaul, but doubt it will succeed
Global
10 Apr 2015

First published on the Wall Street Journal's ‘Real Time Economics Blog’ 10 April 2015

Businesses that operate in several countries support an overhaul of the international tax system, but aren’t entirely convinced that it is achievable.

Taxand, a network of tax advisers that operates in almost 50 countries, surveyed chief financial officers or tax directors at 30 multinational companies, most of which generate revenues of more than $1 billion from operations in the Americas, Europe and Asia.

The Global Survey found that while 80% believed a fundamental reform of international taxation was desirable, only 55% thought that goal was achievable.

Discover more: Access the full Real Time Economics Blog coverage >

Discover more: Access Taxand's full coverage >

Discover more: Access Taxand's Global Survey >

 


Your media contact for further queries is:
Barnaby Fry, MHP
T. +44 (0)203 128 8215
E. taxand@mhpc.com

Quality tax advice, globally

Taxand's Take

Companies are most worried about maintaining the confidentiality of the information they would have to provide under the new regime. Aside from revelations about how much tax they paid and where, businesses were concerned that essential elements of their business models could be revealed to competitors.

Taxand's Take Author

Tim Wach
Global Managing Director
Global

Access Taxand's Take

Access Taxand's Take

Register to receive Taxand’s latest opinion on topical tax news

Taxand is 10...

Taxand is 10...

Celebrating 10 years of quality tax advice, globally