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.
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Countries which care about 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
Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
Jaime Carey speaks about the benefits of his tax background, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency