January 18, 2022
EY Global Tax Controversy Flash Newsletter (Issue 42) | Why tax transparency rules are more complex and how businesses can comply
Corporate reporting requirements have significantly transformed over the last five years due to several new regulations designed to increase tax transparency. As tax processes are digitalized and tax authorities look to close the revenue gap, additional changes are likely. Businesses can better manage risk by taking steps such as building their “tax controversy department of the future,” taking a strict data-led approach to transfer pricing and working toward real-time indirect tax reporting approaches to comply with regulations. For insights on these issues, read EY’s recent article, Why tax transparency is more complex and how businesses can comply.
Additional information and links to past newsletters can be found in the attached PDF.
Flash Newsletter attachment (Issue 42)