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Multinationals concerned that treatment of intangibles will damage brand

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Global research undertaken by Taxand reveals that 72% of respondents are worried that any tax planning around intangibles will affect their brand's global image, The Economic Voice reported.

Sixty three percent of respondents expect tax authorities to focus more on intangible assets.

Of the 33% of multinationals who were subjected to a tax audit in connection to intangibles, 40% had to face a pricing reassessment.

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