Undeniably, the spotlight is increasingly falling on the tax affairs and tax payments of multinational corporations. While tax departments retain a duty to shareholders to minimise the tax liability, the debate around such tax strategies has evolved faster in the years since the global financial crisis than ever before. Matthew Gilleard analyses what this evolution means for today’s tax director.
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While it’s great that the OECD is alive to multinationals’ fears of being caught in a compliance trap, the ‘common understanding’ illustrates a worrying lack of readiness
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