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Tax policy

We work with clients to help them understand the impact of tax policy on their businesses and communicate effectively with the policymakers and stakeholders that shape tax policy.

Navigate the complexities of tax policy

Tax policy is a complex and rapidly evolving topic. We help our clients by playing a broader role, bringing together a range of stakeholders — including individuals, companies and non-business organisations — to solve governmental challenges together. Our contributions, aimed at decoding developments, include:

  • helping our clients understand the impact of tax policy on their own businesses and plan for future tax policy developments
  • helping stakeholders — including individuals, companies and non-business organisations — consider the purpose and impact of tax proposals
  • facilitating tax policy discussions with and between governments and international institutions; public, private and non-governmental organisations; and wider society.

Our aim is to build trust among these groups so that together, we can design tax policies that will support economic growth, lead to more broadly shared prosperity, and meet the societal goals that tax policies set out to achieve.

Pillars 1 and 2 agreements may affect your business

G20 endorses OECD IF progress on international tax reform

The G20 Finance Ministers and Central Bank Governors met in Venice on 9--10 July, under the Italian G20 Presidency, and continued their discussions on a range of fiscal and economic issues.

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Foundations for a new international tax framework

See how 130 countries made a joint statement of their agreement to the foundational components of Pillars 1 and 2, expanding on what the G7 had announced days earlier.

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Webcast replay: How will the G7 commitment to Pillars 1 and 2 impact your business?

Watch our recent discussion of how the G7 Finance Ministers’ agreement might affect your business. The webcast features a panel discussion with specialists from around the globe and explores the recent G7 Finance Ministers’ agreement.

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tax readiness

Webcast replay: Tax Readiness: Are uniform corporate tax rules finally on the horizon?

Our US panel provides views on the recent OECD and G20 negotiations in the context of the Biden Administration proposals.

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How we can support you

Our global Tax policy network helps individuals and organisations navigate the complexity of tax policy-making. Here are some of the ways we support our clients:

Environmental, social and governance (ESG) approach

Tax is an environmental, social and governance (ESG) metric and a driver of sustainable growth. ESG is an umbrella term that covers the duties of businesses in relation to climate and society, and priorities such as purpose that go beyond value creation. Governments and supranational bodies also play a vital role in encouraging such thinking and the actions it can spur.

We can help:

  • assess your control framework needs to facilitate good tax governance
  • consider tax risk-management approaches to ensure material items are elevated to the board for consideration
  • prepare strategies for reporting on tax as part of a wider business strategy
  • determine businesses Total Tax Contribution and how that is perceived in a country-by-country analysis.
  • design holistic approaches considering broader sustainability and governance criteria, preventing a silo mentality.
Learn more:

ESG (Environmental, Social and Governance)
How ESG will drive the next wave of transformation
Why aren’t we talking about tax as a cornerstone of sustainable business?

Base Erosion and Profit Shifting (BEPS) Action Plan

The recommendations of the BEPS Project, led by the Organisation for Economic Cooperation and Development (OECD), are at the root of much of the recent coordinated governmental activity on perceived international tax avoidance techniques. The recommendations published in October 2015 have been, and are being, supplemented with additional standards and guidance.

We can help you:

  • understand the impact of BEPS Project standards or best practices and identify significant risk areas
  • plan for variations between jurisdictions in terms of timing, methods and the extent of implementation
  • follow remaining BEPS work, consultations and areas of potential focus — through our people, information services and insights.
Learn more:

Base Erosion and Profit Shifting (BEPS) Action Plan

DAC6: The new EU directive on reporting cross-border tax arrangements

The DAC6 directive has been in place since June 2018. It created new reporting obligations for affected intermediaries and taxpayers, depending on the nature of the arrangement and local law.

It applies to cross-border tax arrangements which meet one or more specified characteristics (hallmarks), and which concern either more than one EU country or an EU country and a non-EU country.

We can help you understand:

  • whether DAC6 is relevant to your business
  • what you need to do to stay compliant.
Learn more:

DAC6: The EU Directive on cross-border tax arrangements

Environmental / green taxes and incentives

Tax policymakers, globally and domestically, are increasingly focusing on their contribution to environmental and green agendas. Energy taxation; schemes focused on reducing carbon emissions and neutralising the impact of foreign markets through border adjustment mechanisms; and credits and incentives for those making efficient investments go hand in hand with taxpayers own attempts to display environmental credentials to this stakeholders, whether they are investors, employees, regulators or others.

We can help:

  • share economic analysis for use by or with policymakers
  • monitor developments and alert stakeholders with impact assessments
  • connect stakeholders such as by joining communities, roundtables or study groups (e.g., our carbon tax study group)
  • prepare briefings for taxpayers to share with stakeholders
  • prepare strategies for reporting on tax as part of a wider business strategy, including as part of an environmental, social and governance (ESG) approach.
Learn more:

Environmental and green taxes
European Comission releases a number of 'green taxation' measures

Global Indirect Tax Policy Group

We all work in an increasingly globalised economy, with constantly evolving technological innovation. The interplay among these trends is having a significant impact on businesses, on governments and ultimately on tax systems. The pace and volume of indirect tax changes are unprecedented and create considerable challenges for businesses. We can expect this to continue for some time.

The PwC Global Indirect Tax Policy Team is proactively involved in helping shape sound future indirect tax policies aimed at:

  • eliminating trade barriers and creating a business-friendly environment
  • encouraging growth and investment
  • safeguarding tax revenues for governments
  • improving legal certainty, efficiency and reducing costs for all stakeholders.

We help business and governments stay up-to-date with global indirect tax policy trends and developments. We also help them stay part of the conversation through the full policy cycle, from thought to implementation.

We act as bridge-builders between business and government, bringing together tax policy stakeholders, including technology experts. Together, we work to shape sound tax policies for a better tomorrow.

Learn more:

Indirect taxes

Impact of COVID-19 on tax policy

COVID-19 will have medium- and longer-term implications for governments, tax administrations and businesses and how they move from crisis response into the recovery phase. They will have to consider their own resilience and whether they need to make any structural changes.

We can help you:

  • navigate the complexity, with a collection of insights to help you stay on top of the changes that impact your business
  • adapt to maintain normal tax function responsibilities, even if your tax teams are working remotely. They have also had to consider the tax implications of current or potential changes in business models, supply chains and workforce mobility
  • consider the impact of transfer pricing on cash liquidity — and use this analysis (alongside additional policy-makers' guidance) to help address COVID-19 impacts
  • prepare for your tax contributions to be more closely scrutinised
  • consider how tax policy will be affected by the COVID-19's impacts on elements of domestic and global tax systems.
Learn more:

Explore the latest response by territory

Supranational organisations and other stakeholders

A number of supranational organisations are responsible for setting standards, providing guidance or committing to joint action on tax matters. Through these bodies, several territories' governments or tax authorities act together to determine international tax rules. Still other bodies contribute to the formulation of tax policy. Our Tax Policy Network regularly works with:

  • the Organisation for Economic Cooperation and Development (OECD, including through Business at OECD, formerly BIAC), and related forums
  • the Platform for Collaboration on Tax and/or its other members: the United Nations (UN), International Monetary Fund (IMF) and World Bank Group (WBG)
  • the Group of 20 (G20, T20 and B20) as well as the G7/G8 major countries and G24 Intergovernmental Group on International Monetary Affairs and Development
  • the European Union (EU), the Gulf Cooperation Council (GCC), the Association of Southeast Asian Nations (ASEAT) and other regional alliances
  • the African Tax Administration Forum (ATAF), the Inter-American Center of Tax Administrations (CIAT), the Intra-European Organisation of Tax Administrations (IOTA) and other associations of tax administrations
  • bodies of professional tax practitioners (and tax committees of wider trade bodies), NGOs and the public, speaking through various channels including the media.
Learn more:

Supranational organisations and other stakeholders

Tax Policy Bulletins

Tax policy developments worldwide change at an increasingly fast pace. Drawing on our experience of tax policy issues, as well as our relationships with supranational organisations and other stakeholders, we’ve designed our Tax Policy Bulletins to support you with analysis and insight on policy changes around the world. We also add Tax Policy Alerts to give you a timely update on important developments.

Our Bulletins and Alerts will help you:

  • stay on top of tax policy changes
  • understand the impacts
  • navigate the implications for your business.
Learn more:

Tax Policy Bulletins

Tax transparency

More people than ever have a vested interest in tax matters, including tax transparency, reporting and the tax gap, all of which are in greater focus for governments supranational groups, and NGOs. This means a long-term, transparent tax strategy is more relevant than ever for corporate taxpayers — on that involves clear board tasks and responsibilities, board oversight, effective tax-risk management and auditable tax reporting.

We can help you:

  • design and implement a tax governance framework
  • build trust and enhance your reputation
  • consider your Total Tax Contribution
  • promote tax transparency with country-by-country reporting
  • benefit from the findings in PwC's annual Paying Taxes study
  • put in place effective tax-rate benchmarking.
Learn more:

Tax Transparency, Total Tax Contribution and Effective Tax Rates
Sustainable Tax
Corporate tax governance
Building Public Trust Through Tax Reporting

Tax in a globalised and digital economy

Globalisation and digitalisation are forcing policymakers around the globe to look at international tax frameworks, making changes to reflect the effects on their tax bases. These changes will apply to all large international businesses, not just highly digitalised businesses.

The G20/OECD Inclusive Framework has been reviewing the rules of the international corporate income tax system. Made up of nearly 140 countries operating on an ‘equal footing’, the project is expected to produce a consensus solution by the middle of 2021.

But enough countries are moving unilaterally — for either the short-term or longer — that a global consensus may not be reached. This could create distortions, uncertainty and complexity.

We can help you consider and understand the impact on:

  • the effective tax rates your business is subject to
  • supply chains and business structures
  • compliance burdens
  • deal capacity
  • communications and reputation.
Learn more:

Taxation of the globalisation and digitalisation of the economy


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Contact us

Stef van Weeghel

Stef van Weeghel

Leader, Global Tax Policy & Administration Network, PwC Netherlands

Tel: +31 (0) 88 792 6763

Will Morris

Will Morris

Deputy Global Tax Policy Leader, PwC United States

Tel: +1 202 213 2372

Edwin Visser

Edwin Visser

EMEA Tax Policy Leader, PwC Netherlands

Tel: +31 88 792 3611

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