The third edition of "T Magazine published by Ernst & Young just released

Luxembourg, 26 January 2011

Ernst & Young is pleased to announce the release of the third edition of its “T Magazine, Tax insight for business leaders” a quarterly publication, produced by Ernst & Young. This publication focuses on the dynamic tax environment faced by companies operating in Europe, the Middle East, India and Africa (EMEIA). It features the insights of high-level executives and experts, as well as contributions from leading policy-makers and academics.

Structural changes in the global economy are encouraging companies to rethink business and operating models. With key emerging markets forecasting strong growth rates while developed markets struggle to embed a sustainable recovery, corporate priorities are changing. Around the world, companies are reallocating resources and shifting their centers of gravity to reflect the new reality. Key business activities, such as research and development, procurement and distribution, are heading East, all to get closer to markets and to take advantage of a new skills landscape.

In this issue of T Magazine, we look at how companies are restructuring themselves to reflect the new economic reality. We explore the changes to operating models that may be required, and look at how companies weigh up the pros and cons of key business factors, including market size, skills, business environment — and tax! You will also learn more how the world’s largest steel producer took the decision to create a global tax function that would have visibility across the company’s entire operations, following the merger of Arcelor and Mittal in 2006.

Posted on 27 January 2011