Archive: tax controversy
Learn how fast-growing economies are strengthening their compliance and collection methods. What might this mean for your business?
International companies are employing specialists to manage the renewed focus of controversy over tax. Far from easy, the job is rapidly expanding in scope.
With the media highlighting examples of perceived tax avoidance, it prompts the question of how to respond in the event of a crisis emerging. Learn more.
Nancy Chassman, Global Head of Tax Controversy at the American insurer AIG talks to T Magazine about the challenges she faces.
With increased public and regulatory scrutiny of their tax affairs, companies risk considerable damage to their brands if they get it wrong.
In order to provide clarity on contentious legal issues, promote consistency of approach among the tax authorities and reduce litigation, the Government of India, by …
After almost five years of dispute, four court orders, the involvement of top-notch legal counsels and with billions of dollars at stake, the “Vodafone saga” was finally put to rest on 20 January 2012.
On 27 June 2012, the Parliament adopted amendments to the Law on Tax Procedure. The main amendments are summarized below. VAT tax returns in electronic form The law …
Governments are feeling the pain of tax disputes just as highly as companies.
The announcement states that the broader package will include reforms of the individual tax regime that will lower individual tax rates, broaden the individual tax base, and simplify tax compliance.
Many Asia–Pacific leaders who saw robust economic growth return in 2010 have continued the switch from fiscal stimulus to fiscal consolidation
“Steady as she goes” is perhaps a good phrase to describe the economic and taxation landscapes in the region in 2012.
In summary, the intention to improve transparency by requiring increased disclosure of information is understandable, but the method proposed by the EC contains many risks.
Tax administrations are looking more closely at corporate loss utilization and increasingly consider schemes that involve tax losses as aggressive tax planning.
In the aftermath of the global recession, most governments are searching hard to find new revenue. Countries are starting to join forces and set up global tax auditing collaborations.
An interview with Dr. Paulo Riscado, Lead Federal Tax Attorney in charge of Administrative Litigation in Brazil
In the interview, Dr. Riscado shares the views of the PGFN regarding Administrative Dispute Resolution and alternative procedures, and discusses future trends.
For global businesses, new enforcement initiatives — particularly when executed against the background of shifting legislation that does not always align with internationally accepted norms and practices — may pose major tax risks that require appropriate management.
Tax executives, tax administrators and tax policy-makers have perhaps never been in such agreement: converging trends have created the riskiest environment for tax controversy the world has experienced in years.