Over the past six years, the international tax landscape has changed significantly, yet further changes lie ahead. The current political drivers, including fears surrounding globalisation, will be a continuing influence on tax policy for some time to come. BEPS, to some extent, grew out of the changed political climate created by the financial crisis and will continue to be an influence on the future of tax policy. The ongoing changes in the balance of the world economy, and the digitalisation of business, will also influence the future of the international tax rules. The changes to the international tax system over the next 10 to 20 years will be dramatic and to some extent unknowable.
Will Morris (PwC and BIAC) considers four factors that will influence international tax policy over the next decade and beyond.
Over the past six years, the international tax landscape has changed significantly, yet further changes lie ahead. The current political drivers, including fears surrounding globalisation, will be a continuing influence on tax policy for some time to come. BEPS, to some extent, grew out of the changed political climate created by the financial crisis and will continue to be an influence on the future of tax policy. The ongoing changes in the balance of the world economy, and the digitalisation of business, will also influence the future of the international tax rules. The changes to the international tax system over the next 10 to 20 years will be dramatic and to some extent unknowable.
Will Morris (PwC and BIAC) considers four factors that will influence international tax policy over the next decade and beyond.