Tax is evolving at an ever-quicker pace. With BEPS action points being legislated into domestic law, treaty actions for the Multilateral Instrument (MLI), the introduction of the US Tax Cuts and Jobs Act from December 2017, trade/tariff initiatives and business complexity, is it time to create a formal high-level organisational role of chief strategic officer?
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran