The first half of 2013 has seen many jurisdictions the world over implementing tax reforms. Denmark, Finland, Norway and the UK are among those in Europe reducing their corporate tax rate, Portugal has outlined a tax reform plan and the Japanese business community is clamouring for a rate reduction. Few require action on the same scale as the US, though. But tax reform in the US must travel a long and winding road, and it is tough to see an end in sight. Matthew Gilleard assesses the state of play, looking at why progress has been so slow in the last six months and whether there are any signs the process will be expedited.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The EU’s CBAM is a considerable compliance task for any in-scope companies. As payments loom for many businesses from 2026, tax departments will need to step up and take the lead
High-earning businesses place most value on the depth of the external legal teams advising them, according to a survey of nearly 29,000 in-house counsel