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18 December 2018 Entities address tax policy as environment changes EY’s Megatrends 2018 report noted that “executives and board members are focused on disruptive innovation as never before, recognizing it as both an opportunity for differentiation and an existential threat. Companies have stopped wondering whether it merits serious attention and are focusing instead on how to best respond. Business transformation has become the new mantra as companies adapt to the era of disruption with digital strategies, new business models and more.” The report concludes that the vast majority of disruption originates from some combination of three primary forces: technology, globalization and demographics. These three forces apply equally to the world of tax policy. Chris Sanger, EY’s Global Tax Policy Leader, reviews the report. Document ID: 2018-6540 |
