Global tax reforms and sustained weak economic growth continue to disrupt the tax landscape, driving countries to introduce new or improved business incentives to compete. This is according to the EY Outlook for Global Tax Policy in 2017. See here.

It stated the long-term trend for countries to pursue a low-rate, broad-base business tax strategy would remain strong in 2017. However, implementation of the G20 and Organisation for Economic Co-operation and Development’s base erosion and profit shifting (BEPS) recommendations …