Taxand fourth annual Global CFO Survey
The annual global survey of multinational CFOs conducted by Taxand has shown that the publicising of tax practices continues to be a major issue for multinationals with 77% of respondents saying it had a detrimental impact on reputation.
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Our annual survey demonstrates that multinationals feel caught in the crossfire, as they prepare for the post BEPS world. Companies have changed their corporate growth strategies due to increasing scrutiny and over half have seen an increase in tax audits instigated by tax authorities in the past year. The survey also supports that tax authorities have continued to hone in on cross border taxation issues such as transfer pricing and inversions.