Shivendra Jha
Partner - Head of Advisory Services and International Liaison Partner (ILP)
Overview
Today, organisations operate in a volatile business environment and are required to adhere to several tax compliances. Often differing positions with regulators could lead to litigations.
For a business to effectively manage tax litigations, efficient storing and tracking of data in a structured format, especially historic data, is pivotal. However, keeping up with the changing regulations, court rulings and other data related to tax litigations is challenging. Moreover, people-dependent processes frequently lead to errors and delays, which could result in additional cost liabilities to an organisation.
Designed to capture journey of tax-based litigations and improvement of litigation strategy, our digitally secure platform provides stakeholders with a comprehensive tax litigation overview, reporting financial impacts such as contingent liability reporting for tax, tax consultant management and tax notice management. The Tax Research solution powered by TAXMANN© allows users to access an extensive database of case laws and real-time tax updates. This application serves as a digital platform for handling all tax litigation-related processes like notices, replies, proceedings, fines and closures.
How BDO UAE Can Help
Centralised digital storage of litigation information
Differential workflows for direct and indirect tax matters
Estimation of financial exposure, liabilities and litigation cost
Tracking important dates and tasks with notifications and alerts
Reports and dashboards with a case history of all case files
Intelligent tagging and indexation of information/ documents like case laws, circulars, notifications, etc., to disputed issues
Collaboration with tax consultants, counsel and lawyers
Access to regulatory tax content and case laws research, including tagging case laws and references with litigation cases, maintained in Tax Litigation solutions
