Transfer pricing and digitalisation likely to dominate the tax landscape for next two years

Issues surrounding transfer pricing base erosion and profit shifting (BEPS) and the digitalisation of tax are viewed as the most likely to dominate the tax industry and media landscape for the next two years according to tax experts from global accountancy network Kreston International. 

In a survey of attendees of the organisation’s international tax conference many respondents indicated that BEPS and transfer pricing (both 19.35%) along with tax digitalisation (17.26%) were the top three issues likely to be at the forefront of industry debate.

Tax avoidance and evasion (15.48%) harmonisation of tax (11.31%) and tax investigations (10.7%) were also highly ranked highlighting the public and political scrutiny these issues continue to receive around the globe.

Notably the potential levying of wealth taxes was viewed as least likely to dominate the agenda with only 6.55% of respondents putting it in...