In parts of Africa and Arabia, foreign investors often look for greater protection than current laws and regulation seem to permit, such as greater transparency and certainty over potential tax liabilities. Cragus tax professionals and its Members have significant experience in properly and professionally determining with relevant authorities that greater certainly. And, in the Americas, Europe and Asia, in the locations of our Members and associate firms, we often give advice on application of tax legislation and treaties, and also on reciprocal arrangements where laws and regulations are ambiguous.
Unfortunately, issues and disagreements with tax authorities do arise. Even when a client has taken great care in being tax efficient without taking unacceptable risk, there may be a disagreement with the tax bureau or inspectors on the interpretation of the law or how a particular transaction should be characterized. This can be a particular problem in the region where tax laws and regulations may be unclear or do not seem to anticipate all the different ways business or investment may be conducted. Furthermore the availability and efficiency of dispute settlement mechanisms varies greatly. With our network of Members and associated firms, who in most instances are prominent local law firms, we are uniquely placed to help our clients resolve tax issues and disagreements, usually through negotiation and direct settlement.
