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By Christian Mertesdorf, Partner, Tax, Global Compliance and Reporting Patricia Gomez de Liaño Pierna, Manager, Tax, Global Compliance and Reporting, EY Luxembourg
With escalating regulatory pressure, the transformation of companies’ tax and finance activities into data-powered operations becomes a crucial business goal. Naturally, funds and multinationals are characterized by their interwoven transnational structures, and therefore the first to experience the challenges of multi-country tax compliance and to benefit substantially from digitalization.
In the current tax environment, even small-scaled entities such as SMEs and startups can fall short of regulatory requirements, as they often lack the resources to employ a dedicated team...
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