What EY can do for you
Ongoing worldwide implementation of global tax reforms have presented significant challenges to traditional highly centralized tax models, leading to a surge in tax controversy.
Business changes linked to economic nationalism, changes in mobility during and following the COVID-19 pandemic as well as digital and technological transformation are reinforcing the changes linked to the global tax reform. The convergence of tax and business drivers toward multi-hub models allow tax functions to lead, support and accelerate business transformation projects.
Many multinational companies are now evaluating multi-hub models as a more sustainable long-term operating model. This can create a range of business benefits, such as:
- Greater operational flexibility
- Improved access to talent
- Reduced tax controversy
- Reduced reputational risk
- A more stable and sustainable tax cost