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vendredi 29 novembre 2024

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Fax du vendredi 29 novembre 2024 - Tous les titres

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Tax risk management through the lens of tax controversy

By Hermann SCHOMAKERS, Tax Director Begga SIGURDARDOTTIR, Tax Partner, PwC Luxembourg In today's complex and highly regulated environment, the management of tax risks has become a critical function for companies. While each industry and every business carry unique tax risks, there is a general approach to managing tax risks. This article will explain this general approach and present a practical solution to handle tax risks in a proactive manner by looking at the topic through the lens of tax controversy and adopting a forward-looking view to anticipate tax risks. With lessons learned from recent tax disputes – be it from own experience or leveraging on cases of other taxpayers - where tax risks materialise into a controversy with the...

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