Key issues for European tax professionals |
||
|---|---|---|
2008 |
2007 |
|
Tax risk |
32% |
6% |
Transfer pricing |
31% |
30% |
Legislative complexity |
28% |
14% |
Tax burden |
21% |
6% |
Dealing with tax authorities |
19% |
6% |
Diverse requirements |
12% |
6% |
Permanent establishment |
2% |
2% |
Introduction
Current economic and political developments require tax professionals worldwide to be more targeted in their work and to give increased consideration to the impact of development on their business.
In a survey carried out this year, they point to tax risk as a major factor in their thinking. Last year, this figured with only 6% of tax professionals who responded to a survey. This year it is 32%. A tax director in a Danish pharmaceuticals company said this was partly because of the economic environment but also because of political events worldwide, the increased bullishness of tax authorities and greater complexity of tax legislation.
* From International Tax Review, 2 June 2008
With these uncertainties in mind, the increasing legislative complexity and the associated risk can be reduced with the new range of international tax products and solutions from LexisNexis.
LexisNexis has a wide portfolio of products to help you:
- Reduce tax risk - our products are designed to help you reduce worry about getting it wrong
- Drive new business - by increasing your international tax knowledge, or even just brushing up, you can take on the business that you perhaps would have previously declined. With comprehensive and authoritative information, you can quickly get up to speed on new areas of tax
- Save money - priced individually or as complementary packages, these products will fit within your budget
- Optimise your tax and financial position across borders thanks to the practical international tax content contained with EU Tax Case Tracker and our new international tax menu

