Europe Tax Advisory Market Valuation Poised to Soar to USD 28.50 Billion By 2032 | Astute Analytica [Yahoo! Finance]
FTI Consulting, Inc. (FCN)
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Source: Yahoo! Finance
tax administration, and the increasing reliance on outsourcing for operational optimization. However, we acknowledge the challenges posed by the complexity of the tax landscape, the evaluation of diverse tax systems, and changes in statutory tax rates. New Delhi, June 19, 2024 (GLOBE NEWSWIRE) -- According to the latest Astute Analytica research study, the Europe tax advisory market is projected to attain a valuation of US$ 28.50 billion by 2032, up from US$ 11.96 billion in 2023, at a CAGR of 10.13% during the forecast period 2024–2032. The demand for tax advisory services across Europe has surged significantly in recent years, driven by a combination of complex tax regulations, economic factors, and the evolving needs of businesses and individuals. One of the primary drivers is the high and varied personal and corporate income tax rates across European countries. For instance, Denmark, France, and Austria have some of the highest personal income tax rates, reaching up to 55.9%,
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