A recent study by Thomson Reuters (see on.ft.com/2swxU82) suggested that FTSE 100 companies were involved in fewer disputes with HMRC but more with the tax authorities in the overseas jurisdictions in which they operate. Many of those disputes will be in jurisdictions where the engagement with the local tax authority and dispute resolution process is similar to that experienced with HMRC. In other jurisdictions a very different experience can be had.
Anyone who has had to deal with HMRC will know what to expect: a robust methodical forensic analysis of the issue. Any settlement will be principled and fact-based – ensuring that the right tax is charged in the right place at the right time. HMRC is also concerned to ensure...
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A recent study by Thomson Reuters (see on.ft.com/2swxU82) suggested that FTSE 100 companies were involved in fewer disputes with HMRC but more with the tax authorities in the overseas jurisdictions in which they operate. Many of those disputes will be in jurisdictions where the engagement with the local tax authority and dispute resolution process is similar to that experienced with HMRC. In other jurisdictions a very different experience can be had.
Anyone who has had to deal with HMRC will know what to expect: a robust methodical forensic analysis of the issue. Any settlement will be principled and fact-based – ensuring that the right tax is charged in the right place at the right time. HMRC is also concerned to ensure...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: