The tax road ahead—views from the market (part 3)

Table of contents

• Following an astonishing election result, what will be the immediate, short-term, focus of the new Conservative government in tax policy?
• Will business and industry generally welcome the result? Is there anything clients should be thinking about, planning for, now?
• What are the main challenges in tax policy the new government will face in the next couple of years, domestically and internationally?
• How do you expect or how would you like, the government to address those challenges?
• Where do you see tax law in five years’ time?

Article summary

Tax analysis: In the third of a series of articles contemplating the possible development of tax policy and law in the next five years, Jeffrey Owens, director of WU Global Tax Policy Centre at the Institute for Austrian and International Tax Law at Vienna University of Economics and Business, says he believes that despite tax law becoming more complex it will remain fundamentally unchanged.