Thriving through change

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

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

E-invoicing is currently characterised by dynamism, with fragmentation acting as a key catalyst for increasing interoperability, says Aida Cavalera of the International Observatory on eInvoicing
Pillar two and the US tax system ‘could work in harmony’, Scott Levine tells ITR in an exclusive interview to mark his arrival at Baker McKenzie
Peter White, who has a tax debt of A$2 million, has been banned for five years from seeking registration with Australia’s Tax Practitioners Board (TPB)
Wopke Hoekstra’s comments followed US measures aimed against ‘unfair foreign taxes’; in other news, Grant Thornton and Holland & Knight made key tax partner hires
An Administrative Review Tribunal ruling last month in Australia v Alcoa represents a 'concerning trend' for the tax authority, one expert tells ITR
A recent decision underlines that Indian courts are more willing to look beyond just legal compliance and examine whether foreign investment structures have real business substance
Following his Liberal Party’s election victory, one source expects Mark Carney to follow the international consensus on pillar two, as experts assess the new administration
A German economics professor was reportedly ‘irritated’ by how the Finnish ministry of finance used his data
Countries that care about the fair taxation of tech multinationals and equitable global distribution of wealth should back the UN’s tax framework, writes economist Abdelmalek Riad
The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe
Gift this article