Strategizing Multinational Tax Risks

PwC and the World Bank have published a study on tax trends from 2004-2012 in 189 economies.  The Paying Taxes study, part of the World Bank Doing Business project, looks at tax systems from the business tax perspective, including direct and indirect taxes, employment taxes, mandatory contributions, property taxes, environmental taxes, and others.  A link is provided for reference.

Click to access pwc-paying-taxes-2014.pdf

The study is valuable in analyzing trends, and also is helpful in depicting the different types of taxes that multinationals are paying in different regions around the world.  The disparity in countries and regions becomes immediately apparent.  This information also provides context for corporate sustainability reports reflecting global tax transparency for direct and indirect taxes in addition to economic contributions.