Joel Walters, leader of the U.S. inbound tax practice and the global communications tax practice at PwC shares insight on the overall tax environment, public perception of multinational companies and the OECD/G-20 BEPS project.
"The challenges of the environment in terms of the complexity of the U.S. tax system create challenges and opportunities in their tax planning and compliance. But for foreign companies this can be even more challenging than for U.S. businesses due to the cultural, decision making and resource allocation characteristics of their parent country and senior management. We spend a lot of time helping these businesses assess whether they have the right people, systems and infrastructure to deal with the U.S. environment and how to manage the communication to foreign stakeholders."
– Joel Walters