BDO Tax Strategist: Cross-Border Issues - First Quarter
As global tax developments take center stage compounded with the release of the final U.S. foreign tax credit (“FTC”) guidance, U.S. multi-national enterprises (MNEs) are at risk for more complex tax profiles and increased total tax liability. With so much uncertainty – from the OECD’s Two-Pillar Framework, the fundamental changes to key aspects of the FTC rules, to supply chain vulnerabilities to ongoing global crises – how can tax departments effectively strategize short-term and long-term?