2013 tax policy outlook for EMEIA – Ernst & Young T Magazine

A number of lessons can be drawn from the responses of the 28 countries of EMEIA covered in Ernst & Young´s review of tax policy in 60 countries in 2013.

First and foremost is the assumption that, while many countries are now rethinking their strategy in regard to austerity, the macroeconomic situation would seem to indicate that a heightened tax burden is here to stay for at least five years.

And with a couple of years of trends data now available to review since the height of the financial crisis, it is clear to see that the bulk of consolidation efforts continue to occur within personal and indirect tax classes.

Of course, corporate taxation has not and will not be immune.

Read more: 2013 tax policy outlook for EMEIA – Ernst & Young T Magazine.

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