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Tax twists and turns<br />

For more than a half<br />

decade, the <strong>global</strong> <strong>tax</strong><br />

environment has felt<br />

something akin to a<br />

rollercoaster <strong>for</strong> many<br />

<strong>tax</strong> professionals.<br />

While such rides can be thrilling, standing<br />

<br />

and maintaining one’s bearings can be<br />

challenging.<br />

At the start of 2014, the experience<br />

changed from a rollercoaster into more of a<br />

hall of mirrors, where <strong>tax</strong> directors needed<br />

<br />

around them, twisting and turning amid the<br />

concave and convex pieces of glass.<br />

This year — <strong>2015</strong> — the <strong>for</strong>ces bending<br />

those mirrors will strengthen and grow<br />

in number. Many governments would<br />

<br />

BEPS recommendations; national and<br />

presidential elections risk turning local<br />

<strong>tax</strong> policies on their head. And whether<br />

<br />

budget <strong>tax</strong> proposals from US President<br />

<br />

European Commission, nothing can be<br />

taken <strong>for</strong> granted.<br />

To exit any complex maze, it helps to have<br />

a guide. Consider this Outlook your guide<br />

to solid ground.<br />

The <strong>outlook</strong> <strong>for</strong> <strong>global</strong> <strong>tax</strong> <strong>policy</strong> in <strong>2015</strong> |<br />

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