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By Olivier BERTRAND, Partner, Real Estate Sector Leader Sosthene BUSSIERE, Partner, Global Compliance and Reporting, EY Luxembourg
In an increasingly complex regulatory landscape, the role of financial and tax directors has shifted, with a greater emphasis on compliance and risk mitigation. The stakes are high, with 84% of 2,127 tax and finance executives from 47 jurisdictions acknowledging that a robust framework for managing tax risk and controversy could add substantial value to their business over the next two years.(1)
This focus is not without reason: authorities are ramping up enforcement efforts, with penalties looming for companies failing to meet compliance standards. The risks extend beyond the companies themselves, with...
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