The Art of Mastering Tax Complexities

As regulation is on the rise and new kinds of funds are sold across frontiers, taxes are becoming increasingly complicated. In the future, we feel that it will be a significant differentiator of how asset management businesses handle tax risks and complexity. This will influence both the extent to which companies effectively sell their funds across boundaries and their increased competitiveness.

Asset directors have increased their influence between 2020 and beyond. More than ever, tax officials have already started concentrating on them.

We believe that asset management companies will have to address these problems by increasing their taxes. In the management of operational risk, the tax function will play a crucial role. The core of the company will be a highly skilled individual in taxation. Tax technology contributes to optimizing investments through reduced tax leaks, while tax brands are at the centre of marketing and reputation.

The other papers in this problem demonstrate how the tax environment of the asset manager is becoming more difficult. As fund pass-porting in Asia becomes a reality, there are big chances of growing wealth. However, we clarify how achievement at least partially depends on tax matters.

In turn, we also stress the need for a thorough knowledge of changing tax demands, with a view to Europe in which the UCITS Fund passport has transformed the allocation over the last 30 years.

There’s BEPS, and then. For alternative funds executives, base erosion and profit shifting (BEPS) are a specific problem. We intend to clarify how this affects executives from investors to the business portfolio and leadership framework.