International Tax Harmonisation Less Appealing to CFOs: Survey
This article was first published in Wall Street Journal: CFO Journal, 4 September 2012, in addition to 'CFOs Remain Wary of New Foreign Tax Incentives', published in Wall Street Journal: CFO Journal, 18 July 2012
Chief financial officers at multinational companies have soured on the idea of international tax harmonization over the past year, as some high-profile attempts by governments to align policies have fallen short, according to a new survey.
In its second annual global survey of CFOs, advisory firm Taxand found that just 38% of American multinationals believe global tax harmonization is desirable, down from 75% last year. Just 29% of 70 CFOs polled said they believed it was even achievable, down from 50% a year earlier....
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First published in Wall Street Journal: CFO Journal, 4 September 2012