How Increased Global Competition Is Reshaping Tax Priorities

The 2025 EY Global Tax Policy and Controversy Outlook explores changing global tax policies and what businesses need to consider.

In brief

• Changing political leadership is rapidly altering tax and trade policies worldwide.
• Tax controversies are on the rise globally, with governments under pressure to collect revenue.
• Tax can play a significant role as businesses adapt and grow.

In the time it takes you to read this article, government policies will continue to change around the globe. World leaders are announcing new plans and policy directions on social media, prompting calls to negotiate the implications. New trade tensions are disrupting supply chains in real-time while quantum leaps in technology are roiling financial markets and adding uncertainty. After more than a decade of global tax cooperation, a resurgence of tax competition looms as a possibility.