• The OECD's Multilateral Instrument (MLI)

    MLI is an important part of BEPS implementation, delivering recommendations, through changes, to the 3400+/- bilateral tax treaties in existence.

  • The UK’s new Corporate Criminal Offence: Are you prepared?

    The UK's new Corporate Criminal Offence of failing to prevent the facilitation of overseas and domestic tax evasion comes into force on 30 September 2017 – so companies need to prepare.

  • Labor and employment law challenges

    Our guide addresses the legal issues and hurdles companies are likely to encounter, offering a practical approach to tackle them on a country-to-country basis.

  • The OECD’s Multilateral Instrument

    The multilateral instrument (MLI) is an important part of BEPS implementation, delivering many of the BEPS recommendations through changes to the around 3,400 bilateral tax treaties in existence.

  • Worldwide Corporate Tax Guide 2017

    Our latest guide provides details on the taxes on corporate income and gains, determination of trading income and treaty withholding tax rates in 166 jurisdictions.

  • Developing tax services for the 21st century

    Robotic process automation is generating enthusiasm among tax professionals due to its ability to deliver measureable benefits. How is this technology transforming the tax environment?

  • Where next for the OECD?

    In the second instalment of our video series, The OECD’s Pascal Saint-Amans talks about treaty abuse and the future of business financing – with analysis and commentary from EY professionals.

  • Managing indirect tax refunds

    We examine the challenges that taxpayers face around the world in recovering foreign VAT/GST, managing domestic VAT/GST credits and obtaining customs and excise duty rebates.

  • Tax steps into the light

    Our Tax Risk and Controversy Survey series indicates businesses are regarding the compliance environment as a prism through which they interpret demands for greater transparency.

Tax Services

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. 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:

  • Seizing the opportunity in Global Compliance and Reporting

    Global Compliance and Reporting (GCR) is at a tipping point, with risks on the rise. Many companies distribute responsibility for GCR processes throughout their organization, creating a patchwork. Local jurisdictions are rewriting regulations, focusing more intently on the collection of tax revenues and sharing more taxpayer information across borders.

    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 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.

    Helping you 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.

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  • Developing effective operating models

    Multinational companies continually adapt and transform their operating models as they seek to reach new markets and compete more effectively in mature markets. 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 execution capability and operational excellence.

    Integration of tax planning and business operations

    Whether companies seek to enter new markets or drive efficiencies in mature markets, leading companies understand both the optimal business configuration of their people and assets and the complexities of the international tax systems in which they operate. Operating models must be able to adapt to business drivers and the impacts of both direct and indirect taxes.

    Compliance with applicable local and international tax laws and effective management of tax risks must also be carefully considered and integrated to drive the holistic effectiveness of the operating model. Operating model effectiveness is one of the cornerstones of successful competition and differentiation.

    Our approach

    The EY Operating Model Effectiveness (OME) offering helps our clients to achieve their holistic, strategic objectives. Our advisory and tax professionals operate as one team to assist our clients with developing and implementing operating models driven by business needs and requirements 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. It’s no wonder that leading companies are focusing their efforts on:

    • 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.

    Fortunately, an increasing number of organizations are currently either planning or embracing a wider process of change for their mobility teams.

    Unintended tax compliance obligations

    These travelers are increasingly creating unintended tax compliance obligations, and the resulting risks are not just personal. They are 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.

    Will your tax risks prompt a tax audit?

    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.

    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 short-term business traveler-related risks before they occur. Where controversy has already arisen, our 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.

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