New global tax changes will make world of difference

Complex negotiations at hand could usher in a new global regime that may last for two to three decades

Uncertainty comes from complex negotiations that could result in some of the biggest changes to the global tax system in generations

If there’s one word that defines 2021, even in its infancy, it’s uncertainty – an emotion that probably best captures the potentially seismic changes afoot in the global tax landscape.

“I think from a business perspective the biggest concern is tax uncertainty, because tax certainty is a critical factor that influences investment and other commercial decisions,” Tom Reynolds, vice president of global tax at Schneider Electric, told Samantha McCaughren on Tax Talk, a new podcast ...