With tax disputes rising exponentially across the globe, the risk to multinational corporations is greater than ever. New research from Baker McKenzie reveals that among the Fortune 500, as much as USD 75.3 billion is currently under dispute - a figure so large it threatens to wipe out more than half of profit growth in the Fortune 500.

Our new report - The Shape of Water - Tax Disputes in the Age of Intangible Value - quantifies the increase in tax disputes and explores how companies can best manage those disputes in an increasingly digitized economy.

Based on 150 interviews with tax leaders in Fortune 500 companies, the report explores the leading causes of contention between organizations and tax authorities and examines the seismic shifts in how corporate value is defined.

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