The following post was originally included as part of our recently published memorandum “Selected Issues for Boards of Directors in 2022”.
The path was paved in 2021 for unprecedented tax developments in the coming years for large businesses, especially for multinationals and investment businesses operating across borders. The year ended with what appeared to be significant progress in the OECD/G-20 “inclusive framework” project, with nearly 140 countries working to fundamentally change some of the ways in which they will tax multinational businesses. 2022 may also bring other new taxes and new tax regimes, amidst enhanced investigations and enforcement action in key jurisdictions like the United States and the European Union.
To read the full post, please click here.
For a PDF of the full memorandum, please click here.