The increasing profile of tax highlights the importance of leading and developing a tax function that delivers the best possible performance to the business.
Karen Hayzen-Smith of AMEC describes how tax has become an integral part of long-term corporate strategy.
Risk management forms an increasingly important part of the tax director’s role. For Ian Brimicombe of AstraZeneca, this requires senior management support and close co-operation with the business.
With governments around the world facing major fiscal deficits, tax is once again top of the policy agenda.
Martin Walbeck, Africa Tax Leader at Ernst & Young, interviews the Chairperson of a new international body that focuses on the discussion and development of taxation policy in Africa.
The financial crisis has caused some policy-makers to question whether the tax deductibility of interest on debt creates dangerous economic distortions.
Tax has often been a neglected part of the risk management agenda. But with the potential for controversy on the rise, a proactive, systematic approach to managing tax risk exposure is becoming vital.
Once, tax was a topic that could safely be left to the specialists. But as the demand for greater disclosure from investors and regulators has grown, there is an increasing need for clear communication on tax issues.
Large fiscal deficits in many countries are prompting governments to rethink their tax policies. While business will undoubtedly feel the impact, a clear approach to tax strategy can help to mitigate the uncertainty.
Putting Europe back on the road to prosperity will take considerable fiscal consolidation and budgetary adjustments at a national level.
Over the past few years, major M&A deals have been few and far between. But as companies once again consider transactions, they should ensure that they are aware of changes in the tax environment.