Tax Controversy Management
Tax controversies and disputes are often considered inevitable and are seen as a by-product of doing business in today’s world. However, with the increasing costs of tax litigation, there is an urgent need for adopting a new mindset focused on holistic tax controversy management, rather than solely on traditional litigation. Tax litigation is merely one of the solutions to resolving tax controversies and businesses should focus on engaging with the Government to find solutions to knotty tax disputes. Alternative dispute resolution mechanisms including those under tax treaties, bilateral investment promotion agreements and the advance ruling route are among the other options that can be effectively leveraged to address tax controversies.
Our professionals have strong research capabilities as well as extensive experience in all aspects of tax controversy management including alternative dispute resolution mechanisms and have advised on some of the largest tax disputes in the country. Our experience extends to tax litigation, advance rulings, Mutual Agreement Procedure (MAP) under tax treaties as well as arbitration under Bilateral Investment Promotion Agreements.