Ernst and Young's Tax Services - Ernst & Young - Middle East

Transfer pricing is the No. 1 tax issue for multinationals. So how do the rules differ from country to country? How has the economic crisis impacted them? We surveyed experts and tax authorities in 49 jurisdictions to find out.

Liquidity and cash flow have become more critical than ever in a company’s ability to drive its strategic agenda, yet a recent EY survey found that many companies have not fully considered the impact that cash tax management strategies can have on their financial position. Wherever a company sits on the financial spectrum — from “cash burn” to “cash earn,” tax provides a variety of strategies to preserve, acquire, or maximize cash to support business goals. Read more in this latest report (pdf, 248kb) from Ernst & Young.

Governments around the world are fighting the first global recession we've experienced since World War II, and tax measures are playing a major part - 56%, according to recent OECD figures - in the range of stimulus packages being rolled out globally. Tax policy has gone global in a major way, and in this study from Ernst & Young, tax measures in 24 major jurisdictions are analysed, and a key set of common themes are apparent, resulting in both challenges and opportunities for the tax function. To read more visit our global site.

Managing tax risk continues to be one of the toughest challenges for tax departments around the world. 541 companies from 18 countries took part in this year's survey, enabling us to identify global trends in tax function priorities, time allocation and success measures. Download the 2008 Ernst & Young Tax risk survey: Steady course: uncharted waters (pdf, 2.5mb)

This publication is intended primarily for transfer pricing and tax professionals with responsibility for the transfer pricing arrangements and documentation within banks, asset management and insurance companies operating internationally. However, FSTP worldwide may also serve (pdf, 279kb) as a guide to consultants, tax practitioners and scholars with an interest in transfer pricing for financial services firms.

The Transfer pricing global reference guide is a tool designed to enable international tax executives to quickly identify the transfer pricing rules, practices, and approaches that have been adopted by over 45 countries. These various approaches must be understood in order to complete both compliance and planning activities.

In this new thought leadership (pdf, 89kb) from Ernst & Young's Tax Performance Advisory network, we discuss how companies should address the tax cost of the business, not the cost of the tax function when implementing a cost reduction strategy.

In an era of globally integrated business, a comprehensive tax documentation and retention policy is increasingly vital for multinational organizations. We examine the rules in force in 16 countries around the world and sets out what we believe good tax documentation should cover. Download "Tax documentation goes global" (pdf, 731kb).