The most significant change is the sheer volume of it. I've been an international tax adviser to large multinational companies for over 30 years and never seen anything like the pace of change we are experiencing now. In the last 12 months we have had the Anti-Tax Avoidance Directive (ATAD), Multinational Instrument (MLI), US tax reform and the taxation of the digital economy, to name but a few of the changes to the international tax framework. All of these have a cascade and multiplying effect into domestic legislation.
September 27 2018
