Tax planning is a gamble for many taxpayers. There is a fine line between a plan that saves a company millions and a plan that costs just as much in litigation. Knowing your risks is vital for survival. As this year’s Tax Planning Survey explains, managing these risks and knowing when to take the gamble is a prerequisite for hiring the right adviser.
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of KSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran