About Ernst & Young’s Tax services

Quality, consistency and customization to support your tax function.

Your business will only achieve its true potential if you build it on strong foundations and grow it in a sustainable way. At Ernst & Young, we believe that managing your tax obligations responsibly and proactively can make a critical difference. Our global teams of talented people bring you technical knowledge, business experience and consistent methodologies, all built on our unwavering commitment to quality service — wherever you are and whatever tax services you need.

Effective compliance and open, transparent reporting are the foundations of a successful tax function. Tax strategies that align with the needs of your business and recognize the potential of change are crucial to sustainable growth. So we create highly networked teams who can advise on planning, compliance and reporting and maintain effective tax authority relationships — wherever you operate.

You can access our technical networks across the globe to work with you to reduce inefficiencies, mitigate risk and improve opportunity. Our 22,000 tax people, in over 130 countries, are committed to giving you the quality, consistency and customization you need to support your tax function. It’s how Ernst & Young makes a difference.

2008 Transfer pricing global reference guide now available

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.

IFRS: Ten reasons why tax must be involved

US adoption of IFRS will impact corporate tax departments in numerous and complex ways. This four-page slipsheet (pdf, 78kb) from Ernst & Young US discusses why successful IFRS conversion will require tax departments to be proactively involved in company discussions of IFRS readiness, strategy and planning – right from the diagnostic phase all the way through postconversion review.

The role of tax intermediaries

The OECD's forum on Tax Administration study group has released a report examining the role of tax intermediaries (tax advisors and financial institutions) around the world. The study focuses on the relationship between revenue authorities, businesses and tax intermediaries and makes key recommendations promoting an ‘enhanced relationship’ between the three groups. Read the report from the OECD (pdf, 501kb).

See our response to the report findings.

Global transfer pricing survey 2007-2008

Multinational enterprises continue to place more importance on transfer pricing than any other tax issue, and are also concerned about managing their financial state risks posed by transfer pricing. Read current analyses on the burning transfer pricing issues in the "Global transfer pricing survey 2007-2008," which is based on interviews with 850 MNEs from 24 countries and contains country- and industry-specific insights.

2008 Ernst & Young Tax risk survey: Steady course: uncharted waters

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. This year we also explored tax function training, integration with wider risk approaches and the developing performance agenda. We also identify a developing list of leading practices, driven by tax functions that are reaching out – to their internal audit colleagues, to their business units, to their outside advisors, to their board of directors and to their own people – to help the business build the infrastructure it needs to manage risk and achieve a more effective and sustainable tax function.

United Kingdom pre-budget report

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.

What high-growth companies need to know about risk

On 14 July, Ernst & Young professionals and Fortune 500 company executives joined together on a webcast to discuss the important facets of tax risk management as part of a comprehensive risk management program. A webcast archive is now available for viewing in both webcast and podcast format.

Building a 21st century tax function

This paper aims to provide a thoughtful and thought-provoking discussion of the drivers and future direction of tax compliance, seen in the context of finance function integration (pdf, 1.9mb). We explore how tax could align itself with the corporate objectives as a result of a second wave of centralization that is occurring within organizations.

Ernst & Young's Global mobility effectiveness survey 2007-08

Many global mobility professionals are facing changing markets and increasing corporate demands. The global mobility function is affected by external forces such as tax, social security and immigration compliance as well as internal forces on cost reductions, operational effectiveness and efficiency. Ernst & Young's 2007-08 survey (pdf, 216kb) results indicate that in terms of staffing, today’s global mobility function is considered as either just right or understaffed.

Traction: the road to customs control

This new automotive report (pdf, 3mb) from Ernst & Young focuses on the often overlooked area of customs risks, where mega trends have a direct impact and where program implementation can position a company for profit. At a time of unprecedented challenge in the global automotive industry, getting the customs strategy right as never been so important.

Tax documentation goes global

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.

Talking tax : telecom transactions in mature and emerging markets

"Talking tax" is a new report from Ernst & Young's Global Telecommunications Center and is focused on an evaluation of the way in which key telecoms transactions are treated for taxation purposes in a range of emerging markets globally, based on a survey of 14 countries. Request your copy.