“Protect. Manage. Resolve.” – these were the tactics that were marked at the core of KPMG’s Dispute Resolution and Tax Controversy Seminar, which took place on the 30th August 2016 at KPMG Crescent. Here, KPMG’s professionals were given the platform to afford member firm clients the knowledge to gain control over the uncertainty inherent in tax disputes.
The seminar kicked off well, with the company’s representatives unpacking latest worldwide trends in Transfer Pricing. Tony Gorgas, KPMG’s Asia-Pac Transfer Pricing Leader, took the lead by educating attendees on how disputes are typically resolved with the ATO, which matters should be disputed in court, and what taxpayers should aim to get out of a tax ruling. Equipped with this information, there was a discussion on the approach that would be best fitting in the South African context.
In addition, attendees were given the chance to engage with experts and walk away with invaluable insight on basic strategies of how to deal with SARS – Audit & Debt Management Processes including Dispute Resolution and matters related to latest Special Voluntary Disclosure Programme.
“At KPMG, we understand that navigating through the legislation and dispute processes implemented by tax authorities locally can leave businesses and taxpayers feeling rather unclear on tax related matters, and this is why we have availed ourselves to assist our clients with fitting solutions by sharing the right information to secure a favourable outcome for them,” says Elle-Sarah Rossato, Associate Director: Dispute Resolution and Controversy Services at KPMG in South Africa.
Apart from the seminar, KPMG has developed a trustworthy Dispute Resolution & Controversy service, which has been established to assist clients, should they require further help. The company’s approach is designed to cut through the complexity of dealing with local and multijurisdictional tax disputes through effective strategies for their mitigation, management and prompt resolution.
“The seminar was a real success, with a record of 125 attendees. I am confident that we were able to get the message across to the people who attended. The knowledge that has been shared with the audience is instrumental, and it can aid our clients to take control of the dispute resolution process that often gives them grey hairs,” says Johan van der Walt, Head of Dispute Resolution and Controversy Services at KPMG in South Africa.
“Taking into account our experience with the world’s tax authorities, we can effectively anticipate their issues and concerns before they are raised. The goal is to ensure that an appropriate resolution strategy is always in place and this is regardless of the situation at hand,” he concludes.