Ernst &Young >Services>Tax Overview - Ernst & Young - Taiwan

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.

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.

With the UK economy already in recession, the recent United Kingdom Pre-Budget Report (PBR) (pdf, 277kb) comes at a criticial time, and represents more of a full-scale emergency budget. Ernst & Young analysis of all the PBR measures is now available, including the changes to the taxation of foreign profits.

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.

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).

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. 

January 27 2009 saw an Ernst & Young Thought Center Webcast that provided an opportunity to hear analysis and commentary on the makeup of the 111th Congress, the transition to the Obama administration and the administration's proposed economic recovery package.