Tax in a time of transition: key themes and insights for 2025

As we enter the New Year, and at this time of reflection and looking to the future, we are pleased to share with you our Tax in a time of transition report which explores the key themes and insights from recent discussions with some of our clients.

We explored several critical themes shaping the international tax landscape, including:

• OECD Policy Developments: Updates on Pillar One and Pillar Two, including the new global minimum tax and reallocation of taxing rights.
• Transfer Pricing Trends: Strategies for managing scrutiny and avoiding disputes, with a focus on APAs, MAPs, and the treatment of intragroup financing transactions.
• Indirect Tax and Environmental Regulations: Insights into VAT recovery, customs duties, and the impact of environmental taxes on supply chains.
• In-Country Tax Developments: Recent jurisdiction-specific tax changes affecting multinational enterprises.
• Tax Controversy: Best practices for handling the rise in tax audits, disputes, and litigation globally.
• Funds and Asset Management: Key developments affecting regulations, tax transparency requirements, and cross-border investments.

We believe this report will be highly valuable to your organization, providing you with the latest information and strategies to navigate the evolving tax landscape.

For any further questions or detailed discussions, please reach out to your usual DLA Piper contact or any of the individuals listed in the report.