Tax Risk Management
Because today’s business and tax environment is increasingly complex, there are more and more demands for transparency. Tax departments are under pressure to be more effective and highly qualified professionals are hard to obtain. We develop appropriate business solutions to minimize possible exposure to tax risks by identifying and prioritizing key risks and assist with design, implementation and monitoring of business controls. We come in to assist with requests for tax rulings, interpretations, or disputes with the tax authorities to minimise risks of uncertain tax liabilities. We also perform comprehensive reviews of tax reconciliations with the tax authorities to ensure all opportunities to reduce tax liabilities or overpaid tax have been explored. We also identify areas where tax exemptions or reductions may be utilized to reduce future tax liabilities.