Read our response to the Autumn Statement and the latest thought leadership, news, and alerts.
The speed of change continues globally. Keep up-to-date on tax policy, legislative and regulatory developments with our new web-based Tax Policy and Controversy Briefing.
The trust an organisation builds with its stakeholders is critical, and tax transparency is a key dimension in building that trust. Find out how we can help.
Across the world, the shift from direct to indirect taxation continues. See which global indirect tax trends are transpiring right now.
Our interactive country map will help you gain insights into the cloud computing corporate tax regimes across the globe.
With transfer pricing issues under close scrutiny worldwide, here’s how companies are managing the risks.
Our recently updated guide covers even more countries than before. Gain insight into each country's tax system as well as recent corporate tax developments.
Read the latest issue of Under the Spotlight (June 2013), our tax controversy and risk management magazine.
We look at both the issues and opportunities that multinational companies face in doing business in emerging and fast-growing economies. Get our insights.
Autumn Statement 2013
Tax Policy and Controversy Briefing goes online
Indirect Tax Briefing: eighth edition
Worldwide Cloud Computing Tax Guide (2013-2014)
2013 Global Transfer Pricing Survey
2013 Worldwide corporate tax guide
Under the spotlight: June 2013
Managing indirect taxes in rapid-growth markets
- About Our Global Tax Services
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We’ll help you navigate the global tax landscape
The business and tax landscapes have changed dramatically, and the pace and complexity of change continues to increase. We can help you navigate this shifting landscape. Governments are tempering the need for revenue with increased competition for labor and capital. Tax authorities are adapting their enforcement strategies, focus and policies in response to the changing dynamics of business. Companies are balancing competing priorities, ensuring they maintain compliance while adding value. We can assist you with these critical issues in today's tax environment, including:
Budget Alert 2013
The Budget Alert is based on the Budget Speech presented to the House of Commons by the Chancellor of the Exchequer, the Rt Hon George Osborne, on Wednesday 20 March 2013, and on related Government announcements.
Finance Bill Alert
Finance Bill 2013 (271K, April 2013) reflects two sides of the Government's tax policy – the need to encourage investment and entrepreneurs, and ensure taxation is paid in line with policy.
Infrastructure and Construction Alert
Looks at measures discussed in the Chancellor’s Budget of particular relevance to the infrastructure and construction sector 193K, March 2013.
Highlights key Budget measures of interest to those in the banking industry 226K, March 2013.
Asset Management Alert 235K, March 2013
Looks at measures discussed in the Chancellor’s Budget speech, as well as those detailed in supplementary documents released later.
HR and Tax Alert
Looks at measures discussed in the Chancellor’s Budget relevant to internationally mobile employees and their employers 151K, March 2013.
EY ITEM Club Budget Reaction
The Budget should help lift the gloom of a very bleak economic backdrop, says the ITEM Club 105K, March 2013.
Tax avoidance and Government contracts
The Budget confirmed that, from 1 April 2013, new rules will require potential suppliers under Government contracts to certify non-involvement in certain tax avoidance arrangements 382K, March 2013.
Oil and Gas Alert
The Chancellor's Budget confirmed that in 2013 oil and gas companies (173K, March 2013) will be able to enter Government contracts for decommissioning relief at specific levels.
Keeping the UK open for business
Our thought leadership paper (534K, March 2013) considers the extent to which the Chancellor’s ‘Corporate Tax Roadmap’ is still on track, and how he could use the Budget to fix any potential bumps in the road.
EY ITEM Club Budget Preview
In its Budget preview, ITEM says the UK will escape further austerity, but is calling for investment in infrastructure and housing to boost short term growth.
Budget Alert 2012
The Budget Alert is based on the Budget Speech presented to the House of Commons by the Chancellor of the Exchequer, the Rt Hon George Osborne, on Wednesday 21 March 2012 and on related Government announcements.
Budget web seminar, 22 March 2012
EY tax partners Chris Sanger and Patrick Stevens, and the ITEM Club's Andrew Goodwin, provided their immediate insights on the changes and proposals which came out of the Budget.
View online | MP4 download | Presentation slides 320K, March 2012
Alternative Asset Management Alert 173K, March 2012
Asset Management Alert 170K, March 2012
Banking Alert 457K, March 2012
HR and Tax Alert 228K, March 2012
Infrastructure and PPP PFI161K, March 2012
Insurance Alert 163K, March 2012
Real Estate update 163K, March 2012
Worldwide Debt Cap 164K, March 2012
Finding the balance: Creating a broader roadmap for the UK tax system
With the 2012 Budget fast approaching, this paper considers what has worked so far and where there is more to be done 557K, March 2012
For more information, please call our Budget hotline on +44 20 7951 5000
Updated 2012-13 tax tables
Download our 2012-13 tax tables (1.68 MB) which contain personal, corporate and indirect tax rates.
Midweek Tax News
A weekly update on tax matters to 9 December 2013
With the publication of the draft Finance Bill clauses later today, this week's edition of Midweek Tax News has been published a day earlier than usual.
Midweek Tax News provides you with a succinct overview of the key tax developments that have occurred each week, to allow you to stay up-to-date on tax issues that may have an impact on your business. If you would like to discuss an article in more detail, please do speak to the relevant contact listed at the end of this issue or to your usual EY contact.
Not just the Finance Bill clauses: A reminder of what is coming up to today, 10 December
The draft Finance Bill 2014 clauses are to be published late this morning. We expect them to be accompanied by the Government's summaries of responses to consultations. We will be producing a summary of key developments, which will be sent to you via email later today.
Also today, the European Council of Finance Ministers (ECOFIN) will discuss whether the UK Patent Box regime is a harmful tax practice in breach of the EU Code of Conduct for business taxation. Whilst it should be noted that the EU Code of Conduct is a voluntary code and there should, therefore, be no impact on existing Patent Box benefits claimed, the outcome of the meeting will influence the future direction of UK policy in this area, and will feed into discussions within the OECD. We will get an update from HMRC, shortly after the meeting.
Finally, the House of Lords EU Economic and Financial Affairs and International Trade Sub-Committee is to publish a report entitled Financial Transaction Tax – alive and deadly. The report will examine the decision of the European Commission to grant an application by a group of 11 Member States to press ahead with a Financial Transaction Tax, using the enhanced cooperation procedure.
It is expected that the Committee will comment on an opinion of the European Council Legal Service, which was critical of the scope of the proposed Financial Transaction Tax (see Midweek Tax News to 10 September). Press reports indicate that the European Commission has prepared a paper rebutting the Council's opinion although a formal copy has not been made available at this time. The paper will be discussed at a working group meeting scheduled for 12 December.
UK concerns regarding the potential impact of a Financial Transaction Tax are in sharp contrast to the recently proposed German coalition agreement which supports the speedy enactment of such a tax. Please see our Financial Transaction Tax alert which considers the implications should the German coalition agreement be adopted on 14 December.
Our Tax Focus web seminar at 15:00 on 11 December 2013 will provide our thoughts on the draft Finance Bill Clauses and the other developments mentioned above and if you would like to register for it please click here.
Although the Autumn Statement was described in advance by one commentator as “the most-leaked Autumn Statement in history”, it did contain a number of new detailed developments, some, but not all, of which formed part of the £9 billion anti-avoidance package, announced by the Chancellor. Our summary of the Statement, access to a short podcast, EY's ITEM Club response and our alerts looking at issues for particular sectors can all be accessed here.
The House of Commons Treasury Select Committee is due to take evidence on the Autumn Statement next week. Over three days the Committee will hear from the Office for Budget Responsibility, city economists and experts, culminating with evidence from the Chancellor on 12 December.
In addition to the Autumn Statement itself, HMRC published a report based on a model it has developed, capable of modelling the dynamic macroeconomic effects, and subsequent Exchequer revenue effects of a major policy change. This report shows the results of applying the model to the corporation tax reductions announced since 2010. Its conclusions suggest that the increased profits, wages and consumption arising from the tax cuts will all add to higher tax revenues such that the cost to the Exchequer of the policy is likely to fall by between 45% and 60% in the long term.
Code of Practice on Taxation for Banks
As part of the Autumn Statement announcements, the Government confirmed that it will introduce legislation in Finance Bill 2014 obliging HMRC to publish an annual report on the operation of the Code of Practice on Taxation for Banks. A list of banks and building societies that have unconditionally adopted the Code as at 5 December was also published.
The report will list groups or entities that have unconditionally adopted the Code at the date of the report as well as those which have not adopted the Code. In addition, the report will name any groups or entities that HMRC considers have not complied with the Code. Along with the draft legislation to be included in Finance Bill 2014, HMRC published its governance protocol which explains the communication and escalation routes where HMRC has concerns that a bank may not have met its Code commitments. Before naming a bank as non-compliant, HMRC must first obtain, and take account of, the recommendation of an independent reviewer.
European Commission continues to press for public country-by-country reporting (CBCR) for large corporates
On 5 December, the European Commission published a summary of the progress made on fighting tax evasion and avoidance at a European level in the 12 months since the publication of the Commission's Action Plan in December 2012. Among the many actions proposed for 2013 was the extension of the automatic exchange of information between EU tax administrations, to cover all forms of financial income and account balances; and the recently proposed measures to close loopholes in the Parent-Subsidiary Directive and address national mismatches.
The Commission notes that Capital Requirements Directive IV improves transparency around the activities of banks and investment funds in different countries by providing information on profits, taxes and subsidies in different jurisdictions. It goes on to express the hope that the implementation of the May Council of the European Union conclusions will ensure that all large companies and groups make public how much tax they pay in each country. By contrast, the Exchequer Secretary has recently commented that the UK does not believe that the case has been made for extending public CBCR across all sectors. The conclusions were referred back to the Commission for technical review but it seems that the Commission does wish to press ahead with them. It remains to be seen what progress is made through the European Parliament and the Council of European Union on such proposals.
The Commission is still keen to see progress on the Common Consolidated Corporate Tax Base (CCCTB). In addition to substantially reducing administrative burdens for businesses, the Commission suggests that CCCTB has the potential to eliminate many opportunities for profit shifting by multinational companies. It suggests that this is recognised in the OECD's Base Erosion and Profit Shifting Action Plan, and argues that agreement on the CCCTB would ensure that the EU is the standard setter in this area.
Upper Tribunal considers legal challenge to three-year capping of VAT claims
In the case of Leeds City Council, the Upper Tribunal considered HMRC's decision to reject that part of the taxpayer's various claims for repayment of overpaid VAT relating to periods ending after 4 December 1996 on the basis that they were time-barred by the (then) three-year cap. This case sought to take up the arguments, initially raised in the Scottish Equitable litigation, that the three (now four) year VAT capping provision as a whole was rendered ineffective and void by the unlawful manner of its introduction in 1996/1997.
The taxpayer claimed that HMRC's reliance on the expiry of the three-year cap offended various EU principles. For these reasons, the taxpayer submitted that the three-year cap should be set aside until Parliament enacts a limitation provision which fully satisfies general EU law principles. As it has not yet done so, the taxpayer submitted that there was no effective limitation period and that it should be entitled to recover the disputed amounts. Having rejected the taxpayer's argument that it breached any principle of EU law, the Upper Tribunal held that the three-year cap, as it applied to the rejected claims, was valid. The Upper Tribunal also rejected the taxpayer's call for a reference to the Court of Justice of the European Union.
Any taxpayers who have submitted claims for overpaid VAT in the post-1996/1997 period may wish to consider the implications of this decision for their business.
Other UK developments
Availability of corporate tax deduction in respect of share option granted to employee
In the case of Metso Paper Bender Forrest, the First-tier Tribunal has considered whether shares acquired on the exercise of an option granted by a company to a former employee, otherwise than by reason of his former employment, qualified for corporation tax relief under Schedule 23 Finance Act 2003. It was accepted by the taxpayer company that the options were not, as a matter of fact, granted by reason of the former employment, but were granted instead in consideration for the making of a loan.
The taxpayer argued that there should be symmetry between the provisions granting the corporation tax deduction and the provisions which charge the exercise of options to income tax in the hands of the person in relation to whose employment they were granted. Relief was not available for corporation tax purposes if the relevant event was not subject to tax on the employee but the taxpayers argued that the symmetry should go further, and that the corporation tax relief should always apply if the event was taxable under Chapter 5, Part 7 ITEPA 2003.
The Tribunal did not agree and found that the provisions should be read in their express and literal terms, which included the fundamental requirement that, for relief to be available, the option has to be obtained by reason of employment. The Tribunal found support to that in the re-write of para 1 Schedule 23 into section 1015 CTA 2009 which sets out more clearly that the option has to be acquired because of a relevant employment. The fact there was no indication that the re-write was intended to change the law in that regard supported the contention that that requirement already existed in the original legislation.
Office of Tax Simplification (OTS) to look at UK tax administration
The Chancellor has asked the OTS to carry out a review of what the Government can do to further the competitiveness of the UK tax administration, with particular regard to the World Bank's Doing Business report. This follows the Prime Minister's aim that, within three years, the UK should rank in the top five countries in the world in which to do business. The OTS has been asked to report by summer 2014.
Implementation of ‘quick wins’ for employee benefits and expenses
The OTS has issued an update on ‘quick wins’ identified as part of its review of employee benefits and expenses. In his letter of 5 December, the Exchequer Secretary confirmed that HMRC had already implemented four of the OTS recommendations and would be amending its guidance in January to deliver a further nine improvements. HMRC is then considering another 10 recommendations to be implemented before the end of the current Parliament. This includes streamlining and improving the P11D form and associated guidance.
France: Proposed anti-hybrid rule
As covered in Midweek Tax News to 26 November, the French Government has proposed adding a new restriction on interest deductibility aimed at hybrid instruments as part of its draft Finance Bill 2014. This comes against the background of the OECD's ongoing work on its Base Erosion and Profit Shifting Action Plan (and, in particular, Action 2 - neutralising the effects of hybrid mismatch arrangements).
Under this anti-hybrid provision, interest paid by a French enterprise to a related French enterprise or a non-resident enterprise will no longer be tax deductible for French corporate income tax purposes if the recipient company is not subject to tax on the interest at a rate of at least 25% of the French corporate income tax that would have been due under the standard French rules. Please see our international tax alert for further analysis regarding the implications of this proposal and an update on the current state of parliamentary proceedings relating to this provision.
Belgium: State Aid challenge to support for innovative companies
The European Commission has opened an in-depth investigation to determine whether Belgium's implementation of a system of support for innovative companies is in line with EU rules on State Aid. The Commission will examine, in particular, the terms on which a certain number of Belgian companies have benefited from tax relief. The opening of this investigation gives third parties an opportunity to comment on the measure under assessment. It does not prejudge the outcome of the investigation.
The Commission's concerns revolve around the necessary definitions of the types of research eligible for the relief, which the Commission found had not been introduced until 2013, seven years after the scheme began. The Commission has suggested that providing tax breaks to innovative companies without these definitions did not allow aid to be targeted on the research and development objective that justified its granting. Moreover, it seems that the Belgian authorities failed to notify the Commission when they tacitly renewed the scheme after its expiry in July 2011 and increased the level of tax relief.
Spain: Monetisation of deferred tax assets/Implementation of CRD IV
Spain has introduced new rules that allow Spanish corporates to monetise certain deferred tax assets by converting them into a refundable tax credit. These new provisions form part of the legislation implementing the EU Capital Requirements Directive IV (CRD IV). Although these measures were introduced with a special focus on financial institutions, they are applicable to all corporate income taxpayers including Spanish permanent establishments of non-resident entities. Spanish corporate taxpayers may wish to review whether they fall within the scope of these new measures and will, therefore, be able to benefit from the advantages available as of 1 January 2014. Please see our international tax alert for more details
Other international tax alerts
Please see a selection of our international tax alerts in respect of the following developments. Additional articles are available in our Global tax alert library.
Denmark: A draft bill has been published to prevent taxable dividends being transformed into cash payments and treated as tax-exempt capital gains.
Luxembourg: The new Government has published its future fiscal policy.
Spain: The Spanish Supreme Court has found that Spanish domestic provisions governing the taxation of capital gains by non-resident entities breaches the EU freedom of movement of capital.
Italy: Increases in the level of advance income tax payment due for fiscal year 2013 and postponement of the deadline for the payment of the second instalment to 10 December have been announced.
Japan: The special reconstruction surtax effective for taxable years beginning on or after 1 April 2014 has been repealed.
Please speak to your usual EY contact, or email us at firstname.lastname@example.org, if you would like to receive a copy of our regular indirect tax newsletter, or information about our other publications.
If you would like to discuss any of the articles in this week's edition of Midweek Tax News, please contact the individuals listed below, Claire Hooper (+ 44 20 7951 2486), or your usual EY contact.
Not just the Finance Bill clauses: A reminder of what is coming up today, 10 December
|+ 44 20 7951 2486|
|+ 44 20 7951 2486|
Code of Practice on Taxation for Banks
|+ 44 20 7951 5381|
European Commission continues to press for public country-by-country reporting for large corporates
|+ 44 20 7951 8736|
Upper Tribunal considers legal challenge to three-year capping of VAT claims
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For other queries or comments please email email@example.com.
Operating in a shifting tax landscape
The global tax landscape continues to change in a dramatic fashion, with near-constant news hitting the headlines regarding shifting tax policy, increasing levels of enforcement and the growing potential of reputational risk.
Multinational companies now have to balance more competing priorities than ever before, ensuring they protect their business by monitoring and responding to changes in policy, legislation and tax enforcement, while at the same time ensuring they not only maintain the highest levels of compliance but also add value from the tax function.
Governments work to secure each tax dollar they're due
From a policy perspective, all governments want their country to be viewed as an attractive place to do business, to attract jobs and capital in an increasingly competitive globalized arena.
At the same time, they want to increase the amount of revenue they bring in. Governments are treading a fine line, constantly assessing how to secure the tax revenues they see as rightly theirs, while at the same time being in direct competition with other nations, making sure they do not scare off mobile capital.
Tax administrations for their part are adapting their enforcement strategies, focus and policies in response to the changing dynamics of business. They are working to ensure that their resources are being applied to the right issues and taxpayers. They share more leading practices and taxpayer information with their foreign counterparts, to help them collect every dollar due.
Disputes are on the rise
The result has been more frequent, complex and higher value disputes between taxpayers and taxing authorities — a trend that is only increasing as countries collaborate together and as emerging markets gain in stature and influence, taking a more sophisticated approach to taxation. Penalties are becoming more stringent and the threat of reputational risk has risen significantly in recent months.
We can help you to navigate a route through this complex landscape.
We can help you monitor and react to quickly-changing tax policy and assess the economic and fiscal impact.
Where tax policies might create an impediment to your business that is unintended by policy makers, we can help you to collaborate – either solely, or as part of a broader grouping of companies who share a common objective – with government to:
- Explain the impediment
- Develop alternative policy choices which are logical and well thought out
- Model the potential outcomes
- Deliver an alternative choice to the government in a form with which policy makers can comfortably work
We also help you address your global tax controversy, enforcement and disclosure needs.
We focus on pre-filing controversy management to help you properly and consistently file your returns and prepare the relevant back-up documentation.
Where a controversy has already occurred, our professionals leverage the network's collective knowledge of how tax authorities operate, and increasingly work together, to help resolve difficult or sensitive tax disputes. To ensure that continuous performance improvements are instigated after a controversy, we work with EY's other tax professionals to ensure that similar events are less likely to occur.
Below you can access our views and analysis of some of the substantial policy and enforcement trends and issues at play today.
2011 Tax policy outlook around the world
As tax authorities adapt their enforcement in response to changing business dynamics, so must taxpayers. One key is the knowledge of alternative dispute resolution tools.
Seizing the opportunity in Global Compliance and Reporting
Global Compliance and Reporting (GCR) is at a tipping point. Many companies distribute responsibility for GCR processes throughout their organization creating a patchwork. The results are suboptimal. Our recent survey shows a need for a new approach.
Due to the combination of evolving business models, transforming finance functions and an increasingly complex regulatory landscape. There are new opportunities to better optimize efficiency, control and value, to help mitigate risk and improve performance.
What is Global Compliance and Reporting?
GCR comprises the key elements of a company's finance and tax processes that prepare statutory financial and tax filings as required in countries around the world. These duties include:
- Statutory accounting and reporting
- Tax accounting and provisions
- Income tax compliance
- Indirect tax compliance
- Governance and control of the above processes
GCR activities reside in the middle of a broader set of so-called record-to-report (R2R) processes. R2R is the intersection between any company's finance and tax departments and is used to capture, process and store information that is essential to statutory accounting, tax compliance and reporting. Any change to R2R processes, information, finance systems, roles and responsibilities will have a direct impact on GCR processes.
Risk on the rise
GCR risks are on the rise. Local jurisdictions are rewriting regulations, focusing more intently on the collection of tax revenues and sharing more taxpayer information across borders. At the same time, the global financial crisis has driven companies to redesign their finance operating models to remain competitive and to take advantage of opportunities for growth.
Our new report Seizing the opportunity in Global Compliance and Reporting investigates the significant developments taking place as multinational companies determine the best way to meet financial reporting and tax obligations worldwide.
Our case study highlights how we helped leverage an array of external providers
Helping you achieve meet the new GCR demands
Fast changing compliance and reporting requirements are more demanding on tax and finance functions today than ever before. So how do you improve control and quality, manage risk, create efficiency and drive value?
Our market-leading approach combines standard and efficient processes, highly effective tools and an extensive network of local tax and accounting subject matter professionals.
See more on how we can help you meet the demands of today's tax landscape
Building effective supply chains
As multinational companies seek to reach new markets and compete more effectively in mature markets, they are adapting and differentiating their supply chains. Companies’ operating models need to cater for efficiency and scale in mature markets, while having the flexibility and local ability to support growth in emerging markets. Consequently, driving true shareholder value requires an operating model that combines global and regionally differentiated processes, and integrates these with local striking power and operational excellence.
Leading companies recognize the need for integrating tax in their business planning and decision processes
Whether companies seek to enter new markets or drive efficiencies in mature markets, leading companies understand the complexities of the international tax systems. The impact of both direct taxes and indirect taxes needs to be carefully considered and integrated to drive the effectiveness of the operating model while complying with all applicable local and international tax laws and effectively manage all tax risks. Operating model effectiveness is becoming one of the cornerstones of successful competition and differentiation.
The EY TESCM offering helps ensure you do just that. Our advisory and tax professionals operate as one team to assist our clients with developing and implementing operating model optimization where business needs and requirements are the driver while making sure that tax is an integrated part of the design of the operating model architecture.
Managing mobile workforce risk
In today's globally integrated, tightly regulated and increasingly competitive business environment, one critical success factor stands out: people. People represent an organization's most significant investment and offer a tremendous opportunity to gain a competitive advantage.
Where the leading companies are focusing their efforts
- Attracting and retaining the right people
- Global talent deployment and mobility
- HR and payroll effectiveness
- Risk, governance and compliance
Managing the risks of mobile employees
While optimizing the competitive advantage of your people has long been a core objective, a more recent set of trends in the tax landscape means that large companies with an internationally mobile workforce are at a higher risk of tax noncompliance and resulting controversy than ever before.
The business and tax landscapes that have changed so much over the last few years continue to shift. The pace of globalization is increasing, and the global financial crisis has acted as a catalyst to both globalization and business transformation, with many emerging markets now seeing faster growth than before the crisis.
Alongside these megatrends, a variety of underlying issues are converging, resulting in a growing set of risks for multinationals who have globally mobile employees. While companies may closely define and execute their formal expatriate assignment policies, business travelers outside the scope of such formal policies are widely accepted to be creating a new set of risks for companies to manage.
Unintended tax compliance obligations
These travelers are increasingly creating unintended tax compliance obligations, and the resulting risks are not just personal. They are increasingly felt at the corporate level, with the corporate tax function often unaware of the extent of the spreading problem. Tax administrations are becoming increasingly aware of the issue, however, and are very effectively using new technology to identify where a tax obligation has arisen. In a rising tax enforcement landscape, this issue has significant potential to grow.
Managing these risks should be a burning platform issue for multinational companies.
A burning platform?
What may start as a relatively simple personal income tax compliance issue can quickly create a ripple effect, with risks such as the creation of a permanent establishment, an employment tax audit or the payment of a significant related penalty all occurring at the corporate level.
At the same time, the pace of legislative change (such as the increasing enforcement of permanent establishment) is actually speeding up. Countries are using this type of legislation to increase overall levels of tax revenue.
As governments continue to look for ways to widen the tax base, they are likely to learn from one another in fora such as the OECD's Forum on Tax Administration, CIAT, CIOT and SGATAR and quickly replicate the processes and technologies used. As they do so, we will likely see penetration of this issue into a broader number of companies of smaller size.
Companies, recognizing the spectrum of reputational, personal and financial risks related to tax, are making strong efforts to be compliant. There is an increasing acceptance that such issues are becoming increasingly urgent from both a reputational and a financial perspective.
How we are helping companies
Our Human Capital network embeds processes and technology that will help companies to identify and manage STBT-related risks before they occur. Where controversy has already arisen, EY's global Tax Controversy network can use our insights into the culture and processes and relationships with each key tax administration to remediate issues. With prior year issues being rapidly unearthed, and with tax administrations focusing on this issue more than ever before, the time to act is now.
Immigration and tax laws are increasingly aggressive toward business travelers and their companies. Leading companies actively mitigate business travel risks. Do you?
Your talent is in motion. Are you ready to join the conversation?
This edition looks at the revised Directors’ Remuneration Report regulations, mitigating the downward trend in wages across the UK without increasing costs, and the new employee shareholder status.
Finance Bill 2013 training webcasts
We have produced four recorded modules to highlight the main changes in corporate tax, personal tax, and the GAAR outlined in the Finance Bill 2013.
Issue 10 of T Magazine looks at how tax risk and controversy has changed since the financial crisis, and explores the evolving relationship between companies and their external stakeholders.
Connect with us
Stay connected with us through social media, email alerts or webcasts. Or download our EY Insights app for mobile devices.
The trust an organisation builds with its stakeholders is critical, and tax transparency is a key dimension in building that trust. Find out how we can help.
We are pleased to be an International Tax Review 2013 European Tax Award winner.