Potential tax-related risks lurk everywhere as businesses expand into new markets, tax authorities step up enforcement and governments change laws.
A holistic approach covering the prevention, management and resolution of disputes can help protect companies from today’s biggest tax risks.
You are required:
To critically evaluate the four potential tax-related risks that any business faces in the current interconnected and digitalized world. You should include a discussion on how business can prevent, manage and resolve such risks, in order to deal effectively with changes to the tax landscape.