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Tax planning is a gamble for many taxpayers. There is a fine line between a plan that saves a company millions and a plan that costs just as much in litigation. Knowing your risks is vital for survival. As this year’s Tax Planning Survey explains, managing these risks and knowing when to take the gamble is a prerequisite for hiring the right adviser.
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Transactions are back. After a few years of hesitancy and a lack of deals, taxpayers have regained confidence and are once again spending cash. As this year’s Tax Transactional Survey explains, tax has been an integral aspect of seeing transactions return to the market. International Tax Review highlights which firms are leading the way as the global transaction market stutters back into life.
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One of the few transfer pricing cases to go to trial in the US in the last decade won an Americas Tax Award from International Tax Review for Symantec, the taxpayer at the centre of the litigation.
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International Tax Review broke new ground last month with the presentation of awards for the leading in-house tax teams in Europe for direct and indirect tax.