Guide

Tax Changes 2023: A Tax Compliance Guide for Businesses

Tax Changes 2023: A Tax Compliance Guide for Businesses

Pages 116 Pages

The events of the past few years have challenged us all, personally and professionally. COVID-19, geopolitical instability, and economic volatility have mired businesses, governments, and individuals in uncertainty. We’re still in the weeds, whatever we do and wherever we are. “The global economy is experiencing a number of turbulent challenges,” noted the International Monetary Fund (IMF) in October 2022. “Inflation higher than seen in several decades, tightening financial conditions in most regions, Russia’s invasion of Ukraine, and the lingering COVID-19 pandemic all weigh heavily on the outlook.” Given the state of affairs, the IMF predicts global economic growth will slow from 6% in 2021 to 3.2% in 2022 and 2.7% in 2023. Facing higher costs for food, energy, and other necessities, thousands of nurses, teachers, postal workers, and employees of the energy sector in France participated in strikes during the fall of 2022. Around the same time, the bullish new prime minister of the United Kingdom resigned after just 45 days in office, the fourth to do so since the 2016 Brexit vote. And the United Nations Economic Commission for Latin America and the Caribbean forecast Latin… ...

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