Perspectives and research from our global leaders
Banks pride themselves on being the glue that holds together business empires and, indeed, whole societies. Boring, solid but indispensable: those have been the watchwords since the Medici invented modern banking 550 years ago.
The travel industry faces an uncertain holiday season for the third year in a row as the economic ripples of the Ukraine conflict are amplified by the persistence of Covid in many key tourist markets.
Succession planning is the latest aspect of business life where the ESG agenda is having a profound impact. Handled correctly, it could resolve many of the thorny issues company owners face in attracting talented young staff and promoting leaders of the future.
Economic responses to the Covid pandemic created favourable conditions for corporate deal-making, with cheap money and low inflation driving demand and valuations higher.
In this issue of the International Corporate Income Tax Brief, we focus not only on developments in corporate taxes but also on personal income tax topics related to employees and natural persons. In addition, we also report on tax cases from France, Belgium and the Netherlands.
Businesses across the world are being buffeted by a new industrial revolution but this one feels very different to what’s gone before. Where previous revolutions were technology-led, this time around change is also being driven by people radically reappraising their roles in the workplace.
Not so long ago marketing was all about the Mad Men of Madison Avenue; Don Draper slugging back three whiskies before 10am then making a barnstorming pitch to out-of-town bosses who were in awe of his talent to spin a killer catchphrase.
ESG expert Kris Russell was recently honoured at the COP26 conference on climate change for the achievements of the team he led at Dallas Fort Worth, making it the biggest airport in the world to become carbon neutral.
There is a serious risk that COP26 will create unrealistic expectations about what is possible on the road to net zero carbon emissions, while ignoring the real-world progress we are making towards a more sustainable economic future.
Pressure is growing on shipping companies to accelerate efforts to become cleaner and greener, with tougher decarbonisation targets announced recently. For an industry responsible for almost 3% of the world’s carbon emissions, it’s a tough ask.