Bloomberg Tax
April 13, 2020, 8:46 AM

Pandemic Disruptions Could Throw Tax Agreements into Limbo

Hamza Ali
Hamza Ali
Senior Reporter International Tax

Companies forced to change their business structures in the wake of the coronavirus pandemic may find it harder to renegotiate their agreements with tax authorities, potentially opening them up to future disputes and audits.

Tax rulings or written agreements from administrations are sought by multinational companies to lock in the tax treatment for their domestic and offshore arrangements, granting them safety from potential audits.

But new supply chains and business structures could alter existing agreements and make it harder to renew expiring ones. That’s especially the case as tax authorities take different approaches to help companies, while others turn their ...

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