KPMG report: Managing multilateral controversy

Strategies and best practices found to be successful in approaching tax controversies with multilateral dimensions

Strategies and best practices found to be successful in approaching tax controversies

Multilateral tax issues are on the rise—and not just in headline-grabbing base erosion and profit shifting (BEPS) 2.0 developments.

Changes in how businesses and tax authorities operate have led to an increased reliance on, and scrutiny of, operating models in which ostensibly bilateral transactions in fact implicate more than two jurisdictions. Such operating models are common, although the issues they raise are not always framed as multilateral issues by tax authorities.

An article written by KPMG tax professionals and that appeared in Bloomberg’s Tax Management International Journal (5 November 2021) lays out common scenarios and describes the strategies and best practices found to be successful in approaching tax controversies with multilateral dimensions.

Read the November 2021 report [PDF 295 KB] provided with permission of the publisher 

 

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