Tax Dispute Prevention and Resolutions
GRANIT assists in local and international tax disputes prevention and resolutions services such as; financial lawsuits (litigation), arbitration, mediation, reconciliation, negotiation and facilitation.
In July 2013, the OECD published its “Action Plan on Base Erosion and Profit Shifting” (BEPS), which identifies 15 specific actions to address gaps and mismatches in the existing international tax standards, measures to prevent abuse of bilateral tax treaties. BEPS Action 14: Make dispute resolution mechanism more effective.
International double taxation may result where two jurisdictions seek to tax the same transactions or activities. Whilst tax treaties directly resolve most such cases, international double taxation may remain where two jurisdictions disagree on the interpretation or application of a treaty provision. The mutual agreement procedure (MAP) article of a tax treaty accordingly provides a mechanism to resolve these cross-border tax disputes.
GRANIT offers international tax dispute prevention and resolution services enriched with worldwide international taxation and arbitration cases, tax treaties, transfer pricing cases and court rules.