At the G20 Summit on 15-16 November 2014 political leaders reiterated their determination to address base erosion and profit shifting by corporates, with the objective of re-establishing the integrity and fairness of international tax rules. Leaders made considerable progress in tackling harmful tax practices which will result in concrete changes of national tax systems in the near future. For companies this will result into increased scrutiny and the need to engage differently with tax authorities.
FTI Consulting’s tax team in London and its Public Affairs team in Brussels analyse the agreed changes of the tax system and what they mean for business as well as the political implications in the EU and a number of Member States. You can find the snapshot here