In today’s complex tax environment, organisations face increasing scrutiny from tax authorities and even well-intentioned tax positions can lead to disputes. This course by ISCA aims to equip participants with practical knowledge and tools to effectively manage corporate tax risks and navigate disputes with the tax authorities.
Participants will gain insights into proactive measures to minimise disputes, legal and documentation considerations. The course also covers best practices for effective response tactics for handling tax queries and controversies.
A Highlight of Key Areas:Understanding Corporate Tax Risks
- Types of tax risks
- Importance of tax risk management
- Risk control vs dispute resolution
Preparing for Tax Queries and Navigating Tax Disputes
- Strategies for responding to corporate tax queries
- Common causes of corporate tax disputes (facts, interpretation and application of law)
- Available resolution mechanisms and selecting appropriate options
Importance of Documentation and Evidence
- Challenges arising from differing interpretations of fact patterns (and laws)
- Evidence and documentation
- Adequacy of evidence
- Completeness of documentation
- Conflicts in supporting fact patterns
- Common issues encountered when preparing evidence and how to avoid them
Timeline Management
- Best practices for effective timeline management in resolving disputes