While the current upheaval due to the COVID-19 pandemic is unprecedented, lessons learned from prior economic crises can help provide structure for rapid decision-making. Business leaders who effectively coordinate changes to cross-border transactions with finance, tax, and legal teams can unlock value at this critical time. Conversely, lack of coordination can result in unanticipated tax consequences that are a drain on precious cash resources.
In this Insights, we identify 10 actions multinational companies can take now.
Measuring and mitigating harm from discriminatory taxes
In the article the authors examine the April 2 Executive Order signed by President Trump highlighting US trading partners’ nontariff barriers, such as...