|
Indirect Taxes
There is a growing emphasis by the government on indirect
tax, particularly the sales tax. A value-added tax (VAT) mode of
sales tax was introduced in 1996. We have established a practice
to meet clients' needs providing a wide range of indirect tax services
that includes sales tax system evaluation, sales tax audit, sales
tax and services tax advisory.
Our range of services include:
- Advising on the sales
tax treatment and potential liabilities of specific transactions.
- "Health check" reviews
of existing systems and practices to highlight possible areas
of exposure to sales tax assessments and associated interest
or penalties.
- Developing detailed planning strategies (including
those for particular industries) to help reduce clients' administrative
and tax costs from indirect taxes.
- Working on disputes with
tax authorities including representation before tax authorities
and liaison with lawyers in appeals.
|