Particular uncertainty can arise as global businesses seek to access new and developing markets where the local tax environment.
Information and insights on KPMG’ dispute resolution and controversy services.
Tax authorities worldwide are under increasing pressure to generate revenue, causing a rise in tax audit activity across all taxing jurisdictions and all types of tax. Particular uncertainty can arise as global businesses seek to access new and developing markets where the local tax environment may be unfamiliar and extremely unpredictable.
This pressure on tax authorities is resulting in more investigation, larger adjustments, and increased potential for penalties and interest. Wherever you do business, it’s important to approach your tax matters proactively and be ready to respond if and when a local tax investigation begins. KPMG’s Tax Dispute Prevention and Resolution Team can help you prepare to manage any tax authority challenge that comes your way.