The Global Tax Advisory Market in 2018
A complex landscape of changes that is affecting how clients deal with taxation makes tax advisory a challenging and rapidly expanding market. The tax advisory services market was worth US$20.3bn globally at the end of 2017, having grown by 8.6% year on year.
Many countries all over the world are reforming taxation, and this is creating a constantly moving set of goalposts, making it difficult for companies to get to grips with what is required of them. Steps taken by some countries to cut taxes to boost investment have created an additional layer of complexity, as has an increasing bias towards digital transactions.