Tax Refresher - Issue 24

In the ever-evolving world of taxation, staying informed and prepared is paramount.

We are pleased to present issue 24 of Tax Refresher, our bi-monthly newsletter, tailored specifically for large corporate and international businesses, to keep you in the know about the latest developments and challenges in the tax landscape.

In this issue, we explore pivotal developments in taxation and economic policies. BEPS Pillar II advances into its critical phase, emphasising robust data and collaborative efforts across functions as essential. Ahead of key deadlines, MHA, the UK member firm of the Baker Tilly Network, partnered with Winmark Tax Director Network for a workshop addressing challenges confronting multinational organisations. Participants shared their strategies, acknowledging the significant compliance burden while noting the potential minimal impact of the top-up tax in most scenarios. Drawing insights from a recent global financial services case study, attendees examined complexities in data identification, software solutions, and project management requirements.

We understand the complexities and challenges of the ever-changing tax landscape. Our goal is to provide you with the knowledge and resources you need to navigate this terrain successfully.

Stay informed, stay compliant, and stay ahead with our Tax Refresher newsletter. For any questions or further assistance, please don't hesitate to reach out to our team of tax experts.