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Tax Policy and Controversy Services - Ernst & Young - Global

Tax Policy and Controversy Services

The economic downturn and its impact on profits is increasing the pressure on tax directors. Rapid globalization has brought increasing interconnectivity between businesses, and permanent shifts in the flow of capital. Tax departments are bearing the responsibility of more corporate risk than ever. Tax now has a higher profile, not only with company management but also with shareholders, regulators, the media and other industry observers.

Developing a tax policy that resolves impediments to business needs a team that can work with government to explain issues, clarify objectives, and achieve a successful outcome for everyone. Ernst & Young’s global tax policy network has extensive experience of helping develop and implement policy initiatives, both as external advisers to governments and companies, and as advisers inside government. Our dedicated teams of tax policy professionals and business modelers help address your specific business environment and improve the chance of a successful outcome.

In addition, our global tax controversy network works with you to address your global tax controversy, enforcement and disclosure needs. We focus on pre-filing controversy management to help you properly and consistently file your returns and prepare the relevant back-up documentation. Our controversy professionals leverage the network’s collective knowledge of how tax authorities operate, and increasingly work together, to help resolve difficult or sensitive tax disputes.  It’s how Ernst & Young makes a difference.

European Commission proposes measures for better cooperation between tax authorities in VAT matters

On 18 August 2009, the European Commission (EC) issued a far-reaching proposal (pdf, 97kb)   to recast the current EU legislation governing administrative cooperation in the area of VAT and issued a report on the current situation, outlining areas for improvement. The proposals include the creation of Eurofisc, a common operational structure for Member States’ tax authorities, aimed at allowing them to take rapid action against cross-border VAT fraud.

Indian budget demonstrates key tax policy changes

The Indian budget of 6 July contained a wide range of tax policy changes, with the proposal for a dual GST (comprising of a Central GST and a State GST) by April 2010, the abolition of the employee Fringe Benefit Tax (FBT) and the creation of a new dispute resolution panel designed to resolve disputes at the pre-assessment stage showing just how important the tax policy area has become (pdf, 430.6kb). Read more in this detailed budget briefing.

Tax Policy and Controversy quarterly briefing

Nearly every day, significant new tax policy or administrative developments in some part of the world are being announced. With today’s global companies operating in many jurisdictions, it can become a full-time job just to keep track of the changes, let alone analyze them or sort out the difficulties they might present. A new quarterly briefing from Ernst & Young’s Tax Policy and Controversy (pdf, 632.6kb)   network brings you insights and viewpoints on major issues that tax directors should stay abreast of.

Contacts

Tax Policy Services
Chris Sanger 
+44 (0) 20 7951 0150


Tax Controversy Services
Bob Brown 
+44 207 951 4724

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