Tax Services - Ernst & Young - Global

As the world’s largest economy, the United States provides abundant opportunities in which to operate. It also delivers a tax code that contains more than 20 volumes in some 17,000-plus pages. Although not all provisions necessarily apply to inbound investors, missteps and lack of information can create an undue risk of future controversy. Ernst & Young is here to help (pdf, 1.3mb) .

Ernst & Young's 2009 mining and metals tax survey (pdf,1.9mb)  represents the views of tax directors from 40 of the top 100 mining and metals companies on the key challenges they face through all phases of the tax life cycle: planning, provision, compliance and controversy. The survey demonstrates the unique challenges facing this sector, particularly in a post-crisis period which has resulted in an intense enforcement focus on the extractive industry.

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.

This article by Charles Chaho, published in the July 2009, edition of the Tax Advisor Journal, reviews the requirements for recognizing unused tax losses  as assets, and the application of those requirements under IFRS, specifically, IAS 12, Income Taxes. (pdf, 291kb)

A study covering the 27 European Union Member States: Knowing how the payment of cross-border dividends will be taxed in the European Union is crucial for a multinational organization, both for tax compliance purposes and for effective tax planning and international structuring. But with 27 Member States in the EU, it can be difficult to keep track of each country’s requirements. An Ernst & Young study on the PSD implementation in the EU (pdf, 877kb) is now available to help you manage the key issues.

On both the domestic and international tax fronts, recent Obama Administration tax proposals represent reform on a level which has not been seen for many years. Stay up to date with the proposals as they pass through the legislative process by reading these insights from Ernst & Young's tax professionals.

Nearly every day, significant new tax policy or administrative developments in some part of the world are being announced. With today’s global companies operating in many jurisdictions, it can become a full-time job just to keep track of the changes, let alone analyze them or sort out the difficulties they might present. A new quarterly briefing from Ernst & Young’s Tax Policy and Controversy (pdf, 632.6kb)   network brings you insights and viewpoints on major issues that tax directors should stay abreast of.

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.