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Mensuel de novembre 2024 - Economie

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The growing importance of tax compliance for asset managers and financial professionals
By Sidonie BRAUD, Partner – AWM Tax Leader and Alexandre HICK, Tax Director, PwC Luxembourg   In today’s dynamic financial landscape, tax compliance has emerged as a key concern for financial professionals. With the scrutiny of the tax and regulatory authorities intensifying and the complexity of tax laws increasing, asset managers, but also bankers, and insurers must prioritise tax compliance as a fundamental component of their operations. This change underscores the necessity for financial institutions to establish robust tax governance frameworks that ensure adherence to local and international tax regulations.   In a world where investors and stakeholders are increasingly demanding transparency, effective tax governance can enhance a firm’s...
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