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

Public country-by-country reporting is exposing multinational tax data to investors, journalists and competitors, creating fresh risks for businesses
Pillar two compliance is creating unprecedented data demands for multinational tax departments, making closer collaboration with FP&A teams essential for accurate reporting and audit readiness
Among the arrivals is Andrew Howell, who leaves scandal-hit PwC Australia after representing PepsiCo in a high-profile TP dispute
ITR's podcast examines whether the big four have overarching cultural issues and assesses the competitive threat of technology-backed transfer pricing firms
The UK advisory firm has seen its global revenues expand by £27.2m following its listing and acquisition of Baker Tilly South-East Europe
Tax-trained John Sams, previously the firm’s CFO and COO, was appointed after a rigorous process, KPMG said
From Mauritius substance rules to Kenyan SEP tax and South African anti-avoidance measures, businesses must navigate growing scrutiny of cross-border IP structures in Africa
ITR spoke to multinationals, advisers and software providers about a June 30 deadline defined by faulty portals, high compliance costs and hard lessons
After years of onerous pillar two prep, businesses will be galled in seeing tax revenues outweighed by compliance costs
Tax advisers should revisit India secondment arrangements after the EY US ruling strengthened the Centrica precedent and raised fresh withholding concerns
Gift this article