Cross-border Tax Talks Business Model Reinvention: Tax Implications
Sep 25, 2024
In this engaging discussion, Alex Voloshko, an International Tax Partner specializing in value chain transformation, joins Doug McHoney to explore the intersection of taxation and business strategies. They delve into how technological advancements are reshaping business models and the significant tax implications of shifting to service-oriented, recurring revenue models. The conversation also highlights the tax challenges arising from geopolitical complexities in supply chains and the impact of Pillar Two's minimum tax on global investment strategies. A must-listen for navigating today's tax landscape!
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Alex's Ukrainian Refugee Story
- Alex Voloshko shares his personal journey emigrating from Ukraine to the U.S. as a Jewish immigrant.
- He reflects emotionally on the impact of the invasion on his family and friends still in Ukraine.
Understanding Value Chain Transformation
- Value chain transformation means how companies organize their activities to create income globally.
- Tax is a key factor influencing where companies locate factories, people, and distribution centers.
Tax's Growing Role in Business Decisions
- Over 25 years, value chains and tax policies evolved drastically, requiring more collaboration between tax and business.
- Companies now recognize tax as a huge part of their economic decision-making.