Tax Policy and Controversy Services - Tax services - Ernst & Young - Philippines

Tax Policy and Controversy Services

The business and tax landscape has changed a great deal in recent years and the pace of change looks likely to accelerate. Rapid globalization has brought increasing interconnectivity between businesses and permanent shifts in the flow of capital, resulting in a large number of new questions for tax departments. The economic downturn and its resulting impact on profits is increasing the pressure on tax directors, who are being asked to do more with fewer resources. Tax departments are bearing the responsibility of more corporate risk than ever and tax has a higher profile, not only with company management but also with shareholders, regulators, the media and other industry observers.

Resolving impediments to business through tax policy development needs a team that can work with government to explain issues, clarify objectives, and achieve a successful outcome for everyone. Our global tax policy network has first hand experience of developing and advising on 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 work with clients in both the public and private sectors. We develop a targeted approach to address your specific business requirements and improve the chance of a successful outcome.

Our global tax controversy network spans major and emerging market countries across the world. Our aim is to assist clients in addressing their global tax controversy, enforcement and disclosure needs. We do this in two ways. First, by focusing on pre-controversy management — before a tax return is filed — to help clients correctly and consistently file their returns and prepare the relevant back-up documentation. Second, we leverage the network's collective knowledge of how tax authorities operate, and increasingly work together, to assist clients in resolving difficult or sensitive tax disputes with a single or multiple tax authorities.

It’s how Ernst & Young makes a difference.