Chris Walsh of Vertex describes a difficult working environment for tax executives, where the pressure from tax authorities to comply with their obligations is intense and the number of changes to rules and rates is hard to keep up with. However, a combination of tax harmonisation and better technology could provide much needed help with the regulatory burden
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran