Knowing when to be transparent in a tax dispute

June 30 2012

Officials claim that increased transparency in tax disputes reduces exposure to long and costly battles. But disclosing sensitive information to revenue-hungry officials can be detrimental to a business’s bottom line. Jack Grocott speaks to advisers from across the world to discover when is the best time to be transparent in a dispute.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

more across site & shared bottom lb ros

More from across our site

Direct Tax

Holland & Knight tops the hiring charts again: ITR’s half-year Talent Tracker data

ITR’s data has highlighted the US firm’s ambition to become America’s ‘premier’ tax player via a concerted partner recruitment strategy

Tom Baker, July 25 2025

Direct Tax

This week in tax: A&M Tax launches Indonesia practice with ex-KPMG managing director

Jaap Zwaan’s arrival continues a recent streak of A&M Tax investing in the region; in other news, the US and Japan struck a deal that significantly lowered tariff rates

Tom Baker, July 25 2025

Transfer Pricing

Who gets taxed when no one’s there? AI, presence, and profit allocation

In a world where international tax concepts rely on human activity, Leonard Wagenaar poses existential questions about the future of such ideas when AI is ever-present

Leonard Wagenaar, July 24 2025

Transfer Pricing

French TP case highlights transaction scrutiny trend: experts

France v Axa provides a practical illustration of how the burden of proof is applied in TP matters under French law, ITR also heard

Sam Sholli, July 24 2025

Direct Tax

Washington DC Capitol view on cloudy sky background

US corporate investors back PCbCR despite government snub: FACT director

In an exclusive interview with ITR, Ian Gary calls for a central public CbCR database and bemoans the US’s lack of involvement in international tax transparency

Tom Baker, July 23 2025

Direct Tax

Kirkland, Slaughter and May tax teams enlisted for $4.8bn Reckitt deal

Reckitt Benckiser is to divest its Essential Home business, which includes more than 70 brands, to private equity firm Advent International

Tom Baker, July 21 2025

Direct Tax

A taxing week: OECD can’t fool me over US pillar two deal

In the first of a new series of weekly opinion pieces, ITR Editor Tom Baker reflects on the OECD’s attempts to sanitise the US’s brazen pillar two negotiations

Tom Baker, July 21 2025

Indirect Tax

Advisers hope Brazil and US reach agreement on Trump tariffs

The threat of 50% tariffs on Brazilian goods coincides with new Brazilian legal powers to adopt retaliatory economic measures, local experts tell ITR

Sam Sholli, July 18 2025

Direct Tax

germany berlin reichstag building german parliament bundestag - Concept piece for power, authority, economy, performance, government, planning and control.

This week in tax: Germany still ‘committed’ to pillar two despite chancellor’s condemnation

The country’s chancellor appears to have backtracked from previous pillar two scepticism; in other news, Donald Trump threatened Russia with 100% tariffs

Tom Baker, July 18 2025

Direct Tax

OECD unveils pillar two safe harbour for highly taxed MNEs

In its latest G20 update, the OECD also revealed tense discussions with the US where the ‘significant threat’ of Section 899 was highlighted

Tom Baker, July 17 2025