Sunnen Products Company in St. Louis, Missouri, US, is a world leader in bore sizing and finishing systems. UHY LLP in St. Louis, US, provides the company with audit, tax and consultancy services. UHY Advisors’ China Desk provided consultancy services for special issues at its subsidiary in China. Other UHY member firms provide audit, tax and consultancy services in Europe, Americas and Asia-Pacific regions.
Western economies could be inhibiting growth with higher relative tax takes compared to faster growing emerging markets
Positive forecasts for growth in central and eastern Europe are good for both domestic businesses and those beyond the borders looking for investment, trade or partnership opportunities. But in the context of global financial and political uncertainty, how can we measure a country’s prospects – especially one relatively new to a major economic bloc?
With significant momentum in global, transnational and domestic tax implementations and governance programmes, 2017 was an extraordinary year for tax. The unpredictability of major political developments across the world, however, continues to frustrate international as well as domestic business and tax planning and the need for trusted advisors to work internationally has seldom been greater.