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6 DISPATCH<br />
GRAPHIC NEWS<br />
% %<br />
DEVELOPED EMERGING<br />
TAXMEN DEMAND A BIGGER TAKE<br />
As tax authorities get tough, so multinational enterprises are feeling the<br />
heat. The following statistics from an E&Y survey of CFOs and tax<br />
directors reveal the biggest tax fears of global businesses.<br />
1 Increased tax compliance burden imposed on business by tax authorities<br />
2 Increased powers of inquiry for tax<br />
authorities and current-year audits<br />
32<br />
48<br />
43<br />
61<br />
4 Cross-border information sharing<br />
by tax authorities<br />
61<br />
39<br />
72<br />
63<br />
3 Tougher enforcement<br />
action by tax authorities<br />
5 Limitations to managing tax risk<br />
and controversy, due to cuts to<br />
internal tax support budgets or<br />
lack of buy-in at board level<br />
34<br />
45<br />
Source: Ernst & Young, Tax Administration Without Borders
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