Business Model Reinvention: Tax Implications
Doug McHoney (PwC’s International Tax Services Global Leader) is joined by returning guest Alex Voloshko, an International Tax Partner in PwC’s Washington National Tax Services Practice where he specializes in value chain transformation and the tax implications of business operating models. Doug and Alex discuss how tax interacts with the broader business, the evolution of the tax operating model, business model reinvention, the importance of data, supply chain management, IP trends from the 2017 TCJA, and the potential impact of Pillar Two.
Timestamps:
- 1:50 – What does it mean to be a Ukranian immigrant and how has Alex been affected by the recent invasion in Ukraine?
- 2:50 - How would you describe value chain transformation to Doug’s mom?
- 5:30 – How has the value chain transformation from a tax perspective changed over the years?
- 8:00 – How do businesses evaluate tax policy?
- 9:34 – The pendulum of management at the regional, local, and global levels
- 13:00 – What is business model reinvention and what do tax professionals need to think about when the business is proposing changing a major aspect of the business?
- 16:35 – What are the tax implications when a business moves from a license model to a service model?
- 20:18 – How should taxpayers think about data as it starts to transform the business model?
- 22:30 – What are we seeing from a supply chain perspective?
- 25:15 – How is Pillar Two changing the calculus when businesses think about their footprint and tax incentives?
- 30:05 – Focusing on tax policy, what trends resulted from the 2017 Tax Cuts & Jobs Act?
- 35:44 – How could Tax better communicate with the broader business?
View full podcast series
