With the ever-increasing regulatory controlssurrounding taxation in different jurisdictions, adjusting to new cross-border taxmeasures requires suitable and qualified assistance to protect the interests ofsmll businesses and entrepreneurs.
Manyreasons why companies need to settletax disputes may be due to the refusal of tax inspectorates that can recognisethe declared deductible VAT amounts required to confirm income tax expenses aslegitimate.
Often, there are situations when a company hasoperated outside of its typical or normal business activities. An example couldbe while purchasing real estate, securities, or foreign trade, etc.
The probability of accidently filing incorrect statements in cross-border cases where taxation laws differ is considerably increased. Many cases we come across, clients have simply yet to think about the tax implications associated with the new business activities. Our experts will assist in the execution and submission of documents to the relevant authorities required to carry out the necessary operations with minimal tax consequences.
The effective resolution of tax disputes tend to be long term cases that require awareness of current tax legislation and existing judicial practice, tracking changes in new regulatory legislative acts, and familiarisation with explanations from tax authorities.
All things considered; it makes it incredibly difficult to place one’s interests before the regulations without the help of an experienced legal team. Eltoma Legal & Corporate Services specialists are always ready to assist with any issues related to cross-border tax disputes.
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**Some of the information stated may no longer reflect the most current legal developments