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Answers for Tax Professionals

Dividends Magazine: The new global reality

Brian Peccarelli  Chief Operating Officer, Customer Markets

Brian Peccarelli  Chief Operating Officer, Customer Markets

Announcing the inaugural edition of Dividends, a publication specifically designed with the 21st century tax practitioner in mind. 

In this issue, you will gain insights from a number of subject-matter experts who are examining the trends emerging across the globe that are impacting the tax and accounting industry today and in the near future.

Among the major developments already being felt by companies and tax practitioners around the world is the Base Erosion and Profit Shifting (BEPS) Action Plan, developed by the Organisation for Economic Co-operation and Development (OECD). The 15 Action Items encompassed by the BEPS program are designed to increase transparency and accuracy in reporting.

For this first edition of Dividends, it was my privilege to interview Pascal Saint-Amans, OECD’s director, Centre for Tax Policy and Administration, and a key player in the rollout of BEPS. I asked Mr. Saint-Amans for his thoughts on which of the 15 items have generated the most interest, as well as to share some comments on the progress made thus far. In this edition, we also have complementing articles that explore BEPS from a variety of angles, and we included a view of BEPS data drawn from the recent Thomson Reuters/ITR survey on BEPS.

Continuing in the vein of “The New Global Reality,” we take a look at adjacent topics such as global compliance, supply chain and border security, and the impact of indirect taxation on growing a global business.

Rounding out this edition, Jon Baron, managing director of the Thomson Reuters Professional business segment, weighs in on the disruptive trends facing the accounting profession. We also hear from Cheryl Hartfield, CPA, and Alison Parker, CPA, as they share their views on the globalization of accounting and auditing standards.

It is an exciting time to be a tax and accounting professional. With ever-accelerating technological developments and greater vigor around global compliance and reporting, there are new challenges ahead that call upon us to respond. The best way to prepare is to understand right now those forces shaping the landscape of tomorrow.

I invite you to share your perspectives on the new global reality and what the future holds for the tax and accounting profession by sending an email to

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