Impact of Individual Mobility on Corporate Residence : John Hayes
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Impact of Individual Mobility on Corporate Residence : John Hayes
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The topic of this episode arises from our increasingly interconnected world and the reinventing of our work practices in recent years. The era when the board of directors convened solely in fixed locations, seated around large oakwood tables to make strategic business decisions, has passed. Technology has made it easy to make strategic business decisions for corporations from virtually any location. However, a tax consequence of this convenience is the increased risk of corporations being dual-resident due to the management-based criteria of residency in domestic laws.
To navigate through this tax consequence, John Hayes shares his expert insights on crucial questions surrounding the issue of dual residency of corporations.
Beyond the technical discussion, John shares how a work-related trip to Chicago involving a major private equity firm, just a month after moving to PwC London, set him up for his remarkable career in international tax. He went on to become the partner-in-charge of the inbound international tax structuring practice of PwC UK. He also shares how a client inspired him not only to become good at what he does but also to continue doing so in his current role as an international tax consultant.