Thriving through change

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement


Thriving through change

00-lorraine-editorial.jpg

In collaboration with global TP industry leaders from Deloitte, ITR brings you an insight into change management from an industry perspective and the opportunities and challenges for multinationals in TP.

The Deloitte TP Change Management in Industries guide highlights why change management from an industry perspective is key to guiding multinational enterprises (MNEs) towards a new normal.

As a key sector in today’s world, the automotive industry has adapted their business models to the new demands of customers in part due to COVID-19. Consumer behaviour and the impact of COVID-19 has also impacted the consumer goods industry which, in turn, has had a significant influence on the tax and TP policies of MNEs.

Industry leaders in the transportation and hospitality industry are also redefining their operational priorities in response to COVID-19. As well as the pandemic, changes in the private equity sector have been driven by regulation and customer demand.

In the newly digitalised world companies are creating new sources of value with the introduction of the GOAL framework. The oil and gas sector has also seen a digital transformation with key industry forces driving forward this change. There has been an acceleration in digitalisation in the industrial products and construction industry with changes being made to business models as a result.

In the financial services industry, fintech business models can introduce complex TP issues and with the end of LIBOR drawing close there will be a significant TP impact for MNEs to navigate.

At a time when MNEs are evolving and embracing the changes in their respective industries, we hope you enjoy reading the practical insights explored in the first edition of Deloitte’s TP Change Management in Industries guide.

Click here to read Deloitte's TP Change Management in Industries guide

 

 

more across site & shared bottom lb ros

More from across our site

Former IRS commissioner Danny Werfel argues that the biggest obstacle to AI adoption in tax is not technology, but trust, and introduces a practical AI risk framework to help
Howell takes a deep dive into how he led the landmark PepsiCo dispute, discusses the ATO's enforcement priorities, and emphasises KordaMentha's market ambitions
Global tax leader David Linke said that the TaxSim gaming programme could replace aspects of traditional face-to-face learning
Former ATO economist Craig Silverwood is joining from Australian firm MinterEllison
The rebranding, which will see changes to signage, visual identity and digital properties, is scheduled to be completed by the end of this year
The software space was previously more fragmented, but that model is becoming more difficult to sustain as tax administration becomes increasingly digitised
While some may argue that heads should roll following KPMG Australia’s audit leak scandal, client and revenue data emphasises that tax team stability is paramount
A landmark ruling on LLP taxation has clarified who truly holds ‘significant influence’ and which partnership structures are most likely to withstand HMRC scrutiny
Chris Jordan promoted tax schemes to clients and received illicit payments, it has also been alleged
Solving the UK's fiscal deficit requires an ‘ease of doing taxes’ framework driven by tax-as-code – not thousands of additional auditors
Gift this article