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Tax risk management: from risk to opportunity

The UK environment

Tax risk management: the UK environment

 

Background

This article examines:

  • The current UK environment and recent legislative, regulatory and environmental developments and the specific challenges to the management of tax risk which these have created.
  • How large corporates are responding, and focuses on how leading organizations are taking advantage of the new landscape to improve their tax governance, processes and controls and underlying systems
  • The developments in the longer-term, global environment which suggest that the changes that leading organizations are making now will increase in importance over time.

This article first appeared in Tax Risk Management: From Risk to Opportunity which provides a practical guide for those working in today’s ever-changing corporate environment. This book contains an introduction to tax risk management and discussions on the tax control framework that allow corporate tax departments to identify and manage companies’ tax-related risks. Order your copy from the IBFD website

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