What is corporate tax and what it is not?
To build a robust and productive conversation about tax, it can be helpful to start with some reflection on how taxes have come into our societies in the first place.
I was interviewed for a short video that breaks down what taxes are (and what they are not) in a simple way. The video explores some basic but critical questions: what is corporate tax and why has it become so complex? What can we do to simplify things and move forward with productive conversations about tax?
https://youtu.be/8FtnwbVAj1E
Watch the above video for my thoughts on these topics, and please share your own thoughts in the comments: are there additional issues that make today’s global tax landscape so complex? Is there more that corporations, government, tax professionals and the general public can be doing to drive a productive discussion around corporate tax in today’s multinational and digital world?
Once we have a consistent articulation of what tax is, while acknowledging that it means different things to different people, we can move on to a better understanding and more productive conversation, about corporate tax in a complex, global world.
by Wilbert Kannekens
As Managing Partner of Meijburg & Co, Wilbert brings over 25 years of experience working with large global companies, investors and governments on projects related to international and domestic tax, pan-European advice and projects, cross-border reorganizations, mergers and acquisitions, initial public offerings and strategic counseling. From 2007-2014, he was the Head of KPMG’s Global International Tax group.
