The global economic downturn is putting corporate officers under extreme pressure. The deepest international recession for decades means that there few certainties in business at the moment. Tax directors in the Asia-Pacific region cannot avoid these challenges. They have to deal with compliance demands whether the economy is up or down, but they are now being asked by their management to deal with new issues.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
Despite the relief, Brazil’s government has also presented a bill which seeks to re-impose a tax burden on companies’ payroll, one local tax specialist told ITR
While successful pillar two implementation will require collaboration across all units, a combination of internal and external tax advice is at the centre of the effort