Tax Policy & Controversy
The global economic downturn resulted in diminishing tax revenues for the New Zealand Inland Revenue Department (the IRD) and other overseas revenue authorities. We are also seeing the implementation of more sophisticated tax enforcement measures and more stringent tax compliance and administration policy to secure tax receipts. At the same time, countries are adjusting their tax policies to remain internationally competitive. This new environment has required our clients to take a fresh look at developments in tax policy; controversy and their risk exposure.
To help businesses better plan and manage tax policy developments and mitigate tax audit risk, we formed our tax policy and controversy group made up of tax professionals.
Our team has considerable experience in disputes and pre-litigation matters from inside and outside the IRD. We bring together highly technical skills, experience and a strategic perspective to help you plan and manage your approach to tax administration, tax audit, and strategies for the settlement of tax disputes.
We form part of Ernst & Young’s Global Tax Policy and Controversy network, sharing practical insight and extensive experience with clients affected by cross-border tax matters and disputes. We regularly work with Tax Controversy teams around the world to provide clients top quality services across many jurisdictions.