Jane McCormick, partner, global head of tax, KPMG, shares with Sudipto Dey her insights on how businesses could prepare for a fragmented and changing global tax landscape. Edited excerpts
How does the global tax landscape look like in the backdrop of Brexit, the Trump factor, and the anti-globalisation sentiment?
The phrase we have been using is fragmentation and change. There is a view that Base Erosion and Profit Shifting (BEPS) marks the high-water mark of the globalisation of tax policy. We are now moving to a situation of more fragmentation and change at national levels. So, rather than going to