Channing Flynn is an International Tax Partner of Ernst & Young LLP, US, as well as EY's Global Technology Sector Tax Leader. More information is available in EY’s recent report, 3D printing taxation issues and impacts.
New global digital business models are a source of acute tax uncertainty today. Simple tax questions—where did this transaction take place? Where was this software developed? Can have complicated answers in an interconnected world.
Chief Executive’s most recent reading of CEO confidence in current business conditions remains flat month-over-month, at 7.3 out of 10, while confidence in future conditions decreased slightly to 6.7/10, from 6.8 in February.