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Lack of preparation for tax transparency among corporates

Accountancy Age

LARGE ORGANISATIONS are ill-prepared for the government push for greater tax transparency, according to a study by Thomson Reuters. The study, which included the heads of tax of more than 100 global organisations, discovered that a mere 35% have, or are in the planning stages of having, a tax transparency strategy. “The majority of organisations surveyed are concerned that increased transparency will result in a significant administrative burden.” said Charlotte Rushton,…

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