Optimising corporate international tax structures

Key points

• Many different elements increase corporate tax risks.
• Significant legal developments over the past decade in relation to tax evasion and reporting obligations.
• It is impossible for a tax director to micromanage all aspects that require attention.
• Local offices – or service providers – overseas should be co-ordinated and sharing real-time data with head office.
• Quick and strong decision-making will be required in the coming months.

International tax planning has changed significantly over the past 20 years as has the approach – from creative solutions to risk management. And today tax directors must operate in the risky world of base erosion and profit shifting (BEPS) digital service taxes the Foreign Account Tax Compliance Act (FATCA) the EU directive on cross-border tax arrangements (DAC6) economic substance and the concept of a global minimum tax rate. Further our latest global business complexity index indicates that we will...