Global Tax Outlook 2023

The global economy is emerging from the shadow of the COVID-19 pandemic, but it is facing new challenges from the war in Ukraine, an energy price shock, inflation, and persistent challenges for supply chain security.

At the same time, the world faces new tests associated with addressing climate change, an aging population, increased migration, and digitalisation.

Tax has an ever increasingly important role to play in how the globe, region, and each country, confronts the turbulence in the global economy over the coming years. We conducted our research for Global Tax Outlook 2023 through the late Spring and early Summer of 2023. Produced in conjunction with research organisation Meridian West and drawing on the expertise and insights of BDO experts around the globe, Global Tax Outlook 2023 reveals some clear trends, threats, and opportunities, that are emerging in the tax-world.

As 2023 draws to close, the purpose of this report is to highlight our key findings and to draw some conclusions on the outlook for tax.

“The Tax landscape is forcing leaders to evolve their thinking on how to meet both short-term demands and long-term strategic priorities. It means building a Tax function on sustainable foundations, but one which is agile enough to meet new demands at very short notice. Our report delves into these issues and sets out our key responses to help Tax leaders face them, now and as we look to the future.”