Strategizing Multinational Tax Risks

PwC has published their 16th Annual Global CEO Survey: Tax strategy and corporate reputation: a business issue.

http://www.pwc.com/taxceosurvey

In addition to interesting observations in the survey, the following ideas are presented for consideration:

• Have you had a discussion with your CEO about tax risks & strategies, including reputational risk?  S/he could also share with you their perceptions and information exchanged with their peers.
• The upcoming G8 meeting will be discussing tax avoidance: do you plan to update your CFO & senior management?
• Are Board of Director presentations planned for strategic and reputational tax risk?  (Don’t wait for them to ask)
• Do you have a Tax Planning Policy?  If so, has it been discussed with the Board?
• Is senior management aligned internally, and with the Board, on a position for tax transparency?
• Is global tax planning a CEO priority, as focus on this topic is increasing among governments?
• How are you avoiding tax strategy surprises?

I look forward to your comments.