Cross countries issues

Our 15th Annual Global CEO Survey, “Delivering results: Growth and value in a volatile world”, seeks to understand how businesses are preparing for growth in their priority markets. The survey explores CEO confidence in their company’s growth prospects, and how they’re building local capabilities and creating new stakeholder networks in new markets.

The survey is based on results recorded after speaking to 1,258 CEOs based in 60 countries in the last quarter of 2011.

Nearly half (48%) of the 1258 CEOs polled worldwide believe the global economy will decline even further in the next 12 months. Just 15% said the global economy will improve during 2012.

However, nearly three times as many CEOs are confident in their own companies’ growth prospects for the next 12 months than in the outlook for the global economy, suggesting CEOs believe they have learned how to manage through difficult and volatile economic times.   

The full survey report with supporting graphics can be downloaded at www.pwc.com/ceosurvey

Click here to download the report

Shifting the balance: From direct to indirect taxes, a new publication from our global indirect taxes network, tracks the development of indirect tax regimes worldwide and looks at how some of the key aspects of these regimes compare across major territories and regions: Australia, Brazil, Canada, China, India, Mexico, Russia, Singapore, South Africa, United Kingdom, United States.

Read the publication

Oxford Economics' latest report, The New Digital Economy: How it will transform business, sponsored by PwC, AT&T, Cisco, Citi and SAP, is the result of a comprehensive research programme undertaken by Oxford Economics who surveyed 363 companies across 8 countries (US, UK, India, Japan, China, Brazil, Mexico and Australia), undertook in-depth interviews with industry leaders and held panel discussions (US and UK).The results identified 6 seismic shifts which will transform the global playing field over the next 5 years.

The report also sets out a series of imperatives for CEOS to adopt in order to make sure that their firms remain competitive in this fast moving business environment, where technology and the influence of consumers is accelerating the pace of change in many industries as never seen before.

Consult the report

Taxes at a Glance briefly summarizes the tax systems of 24 countries of the Central and Eastern Europe (CEE) region. The publication highlights attractive features of the tax systems from an international tax planning and structuring perspective and it can be an important guide for international businesses already operating or planning to operate in CEE. This publication is updated annually by PwC.

Click here to download the publication

International Transfer Pricing 2011, now in its 12th edition, is an easy-to-use reference guide covering a range of transfer pricing issues in over 60 countries worldwide.

It explains why it is vital for every company to have a coherent transfer pricing policy which is responsive to the rapidly changing markets in which they operate. The book not only shows why sound transfer pricing policies should be developed, but also why such policies need to be re-evaluated regularly.

Read the guide 

The OECD Committee on Fiscal Affairs has just released the draft contents of the next update to the OECD Model Tax Convention (the 2010 Update). The update will be submitted for approval of the Committee in June and the OECD Council in July.

Read the draft contents


 

Taxes at a Glance briefly summarizes the tax systems of CEE countries. The purpose of this publication is to indicate some key tax parameters and to highlight attractive features of the tax systems from an international tax planning and structuring perspective. This publication is updated annually by PricewaterhouseCoopers.

Read the study


 

This is the fourth Paying Taxes publication based on the ‘paying taxes’ indicator from the World Bank – IFC Doing Business project, now assessing the ease of paying taxes in 183 economies around the world (Romania included), two more than in 2009 edition. This report includes a number of commentaries from PricewaterhouseCoopers around the world which illustrate how the data gathered by this report is being used in practice to inform and stimulate discussion with governments on reforms that are or should be implemented to address issues identified.

Read the report


 

The document not only lists all the countries with which Romania has concluded investment treaties, but also refers you to the relevant law and the Offcial Gazette in which the law enacting the treaty has been published.

Read the list


 

Based on Paying Taxes 2009 survey, a joint publication of World Bank and PricewaterhouseCoopers, the countries from CEE region are ranked in terms of cost of hired labour. Romania's tax cost of labour of 83.5% tax costs with respect to net salary revenue is quite high in the region, but some European peers appear to place an even more burdesome tax cost on payroll.

Read the Labour tax cost and the Labour tax rate


 

Taxes at a Glance briefly summarises the tax systems of the Central and Eastern Europe (CEE) countries. The purpose of this publication is to indicate some key tax parameters and to highlight attractive features of the tax systems from an international tax planning and structuring perspective.

CEE represents a market of approximately 350 million people. The region offers attractive business opportunities, with competitive tax regimes and cost-saving planning strategies. We believe this potential can be tapped by firms which gain in-depth knowledge and develop a good understanding of each local culture, business environment and tax system. This is an important asset, which can add value to international businesses already operating or planning to operate in the CEE.

Read the study


 

Mark Schofield and Harry Manisty, of PricewaterhouseCoopers, examine the respective merits of carbon tax and emissions trading  and consider the current implications of this debate for business. Trading schemes are currently favoured, both in Europe (where the EU emissions Trading Scheme (ETS) has been operational since 2005, and elsewhere, for example, in the US (where Barack Obama has recently announced his intention to introduce a federal emissions trading scheme in 2012. However, the recent collapse of carbon prices in Europe (down to about €10 per tonne from a peak above €30) and windfall profits from utilities selling surplus permits have exposed flaws in the ETS. Large multinational companies in the scheme are calling for some critical analysis before accepting the current ETS system as a fait accompli.

Read the paper