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Global Tax Consulting Booms Amid Transfer Pricing Crackdown

Jan. 6, 2020, 11:20 PM

The global tax advisory market is growing as government crackdowns on the financial relationships between companies and their foreign subsidiaries push companies to seek more advice, a report found.

The market for global tax advice grew 6.5% to $34.4 billion in 2018, following complex worldwide tax developments, a Jan. 6 report from London-based Source Global Research said. The report was based on information from larger firms employing more than 50 consultants, accounting for around 75% of a tax advisory market worth an estimated $45.8 billion in total.

  • The largest tax advisory market was business tax...
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