Survey reveals complexity in European tax system is biggest compliance burden for companies, while there are significant doubts about impact of efforts to bear tax avoidance among multinationals.
The complexity of tax law is viewed as the number-one compliance burden for companies across Europe, according to a recent survey.
The research, conducted jointly by UK accountancy body ICAEW and EGIAN, a European forum for accounting networks, found that 80% of those polled see tax complexity as the biggest issue for companies in Europe seeking to comply with regulation.
A statement from the Tackling Taxes report said: "There is strong agreement between our respondents that the complexity of tax law is a root cause of the compliance burdens fa
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