A worldwide pause in tax enforcement, intended in part to help businesses continue to operate during the global pandemic, is over, according to respondents of the 2023 EY Tax risk and controversy survey.
With tax authorities now moving past the most urgent concerns of the pandemic period, business taxpayers are bracing for a new and evolving era of robust tax enforcement that will span both direct and indirect tax issues in the next two years.
Moreover, taxpayers indicate they will also have to contend with a new set of geopolitical, economic and tax policy developments that have added new layers of risk to be assessed and managed. Expectations for higher levels of tax audit activity ahead, meanwhile, are being driven largely by what survey respondents say is an acceleration in the number of tax authority requests for more detailed tax and business information.
Join this 75-minute webcast which will explore survey results shared by respondents globally, with a special focus on responses from the Americas and European regions.
Topics to be covered include:
- Survey respondents’ perceptions around tax risk and controversy in the previous and coming two-year periods
- How companies are preparing by enhancing their tax governance approach
- The importance of tax data and insights in managing global tax risk and controversy
- How the world’s leading companies are increasing overall levels of tax certainty