In the last few years, factors including the COVID pandemic, the Ukraine conflict, general economic volatility and significant changes in the local and international tax environment, have meant that there is increased focus on risk management, with increasingly complex financing and hedging strategies being adopted.
These transactions are often difficult to understand, but the numbers are often large and the complexity of the international tax landscape means there are real risks of significant taxable gains arising.
Undertaking an exercise to review and benchmark treasury tax outcomes can help give comfort that financing and hedging strategies are effective from a tax perspective and that recent and forthcoming tax changes don't have any unexpected consequences. Read more about some of the benefits from undertaking a treasury tax benchmarking exercise, and how PwC can help.