Top-of-mind challenges facing tax executives
- What impact might the proposed section 385 rules, if finalized in their current form, have on your business operations?
- What are the most significant steps you expect your company will take in the next year in response to the OECD BEPS project?
- What is your company's greatest concern with respect to any "trapped cash" it may have in CFCs?
- Is your organization planning for Brexit's potential impact?
Tax executives responded to these questions and more in a series of surveys conducted by KPMG LLP in the spring and summer this year.
Disruptors in the Global Tax Landscape
presents, primarily in chart form, the surveys' results. You will be able to quickly see how tax executives are reacting to key challenges they are facing today, including the proposed section 385 regulations
, BEPS implementation
, repatriation of trapped cash
, and changing tax laws around the world
such as the prospect for U.S. tax reform and Brexit.
Taken individually, the responses to the questions are interesting and you may want to benchmark where you and your company stand in certain areas. Taken together and understanding that these challenges are occurring concurrently, the potential for radical change in how multinational organizations approach tax planning and operations may be staggering.