The globalisation of trade and commerce has led to value being added in different quarters of the world as intermediates get transformed into finished products or services while being delivered to customers. There is now a growing need to synchronise these operations to make value chains more effective. Rakesh Mishra and Suchint Majmudar of PwC explain why this shift ought to put the business at the centre of the change and deal with advantages of value chain transformation.
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Chinwe Odimba-Chapman was announced as Michael Bates’ successor; in other news, a report has found a high level of BEPS compliance among OECD jurisdictions
The KPMG partner tells ITR about Sri Lanka’s complex and evolving tax landscape, setting legal precedents through client work, and his vision for the future of tax