Three quarters of business leaders would pay more taxes in exchange for greater clarity from authorities on what is acceptable. And while few expect a global agreement any time soon, the majority would like to see their governments take unilateral action to help achieve this aim.
In light of growing international interest and scrutiny of corporate practices we set out to explore how three major aspects of governance – the role of culture, board composition and strategic planning – are affecting businesses around the world.
Grant Thornton article discussing the impact of the Foreign Account Tax Compliance Act (FATCA) on non-US companies.
For tech companies, the regulatory environment is tougher now than ever before. To protect national interests, governments are using compliance to restrict companies that could potentially disrupt established industries which can creating a knock on effect for tech companies. Rapidly expanding companies also face a wider range of individual regulations as they expand into new territories, be it employment law, taxation, product safety or licensing.