As we came out of the COVID-19 pandemic, one of the biggest stories in tax was ‘work from anywhere’ and that trend has only amplified. This way of working isn’t going away, and it is important to distinguish between short term exceptions and long term step change.
In the short term, there are considerations to be made when managing the risk that can be triggered by employees crossing borders or being based in certain countries. Long term, it’s important to consider how we adapt our value chain to take into account the fact that businesses are going to do what they think is best, and that could involve dispersing employees and leadership across multiple countries.
In this video, Tim discusses the importance of mapping and understanding your value chain to show where value is created in more detail, with more precision and with more flexibility than has been done in the past.
