Tax partner and tax controversy group co-founder Kat Gregor, senior tax attorney Ariella Mutchler and tax & benefits associate Ningzhou Shen co-authored an article recently published by Law360 titled “OECD Digital Tax Plan Shifts Tax Risk For Asset Managers.”
The piece examines how the Organisation for Economic Cooperation and Development (OECD)'s digital tax plan shifts tax risk for asset managers. The tax plan, referred to as “pillar one,” creates a new tax right that is majorly dependent on sales, rather than on the physical presence of a business. The OECD tax plan will subsequently impact business across all industries, and specifically those where a bulk of profits come from services that are provided remotely.
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