Welcome to World Tax 2017, International Tax Review's directory to the leading tax advisory practices, including in law firms, around the world.
The annual World Tax directory is a key resource in assisting tax executives locate specialist advice. Each edition rates the tax expertise offered in more than 50 jurisdictions globally, giving tax executives the most comprehensive information about the market for tax advice.
In this year’s edition we were delighted to include a new jurisdiction, Thailand. The country’s tax market is going through a particularly exciting period, with a tax reform underway and the corporate tax rate having dropped by 10 percentage points in five years.
Globally, the OECD’s base erosion and profit shifting (BEPS) Project has undoubtedly been the biggest driver of policy change. Some countries are implementing the recommendations in full, while others are putting into place only the minimum requirements called for by the OECD. Still more jurisdictions are waiting to see how the Project will progress before committing to any action, and others already have legislation which fits – or exceeds – the OECD’s recommendations.
World Tax is unique among directories as it classifies professional services, law firms and other tax advice providers together, rather than looking at them separately, because they undoubtedly compete for work.
The fact that this competition exists is also evident in the regular moves that practitioners make between law firms and other providers. It is common for advisers to spend different periods at law firms and a Big 4 practice during their careers.
The research for next year’s World Tax will begin in March. Should you have any questions about the research, please contact World Tax editor Joe Stanley-Smith on firstname.lastname@example.org.
TP Week, International Tax Review's online-only sister publication about transfer pricing, published its own directory about advisers, lawyers and providers in that market.
www.worldtransferpricing.com offers a comprehensive guide on advisers specialising in this area.