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More tax reform for 2015?

More tax reform for 2015?
7 Jan 2015

First published in Accounting Today, 6 January 2015

“As we move into 2015, many governments are looking to restructure their own corporate tax systems whilst simultaneously future-proofing themselves through compliance with the OECD’s BEPS initiative,” said Frederic Donnedieu, Chairman of Taxand, “2014 has been another year of change in the global tax arena, with continuing negative sentiment towards multinational tax planning. At the same time, they are looking to remain competitive with other countries to secure inward investment and economic prosperity." 

According to Taxand's 2014 Tax Milestone Survey, advisors in the U.S. identified the new IRS rules on inversions, issued in September, as the most significant tax development in the jurisdiction this year. 

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Taxand's Take

Multinationals appear to be caught up at the centre of this complex tax landscape and must ensure they have a voice in determining the future of global tax system, before they are stuck with it for many decades to come.

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