EY Sheds Light on 3 Key Business Travel Risk Areas

EY, through SAP Concur, offers an end-to-end travel management solution to help corporations manage business travel risks. The article identifies three key risk areas: trade risks (rising protectionism is the biggest risk, with US-China business travel suppressed), tax risks (129 countries pledged to implement BEPS, tax authorities may demand permanent establishment), and talent risks (countries protect domestic workers, such as EU posted-worker regulations). EY's service provides real-time assessments of travelers' tax, immigration, and EU posted-worker obligations.