Tax risk: Difference between revisions
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imported>Doug Williamson m (Spacing 14/8/13) |
imported>Doug Williamson m (Category added 8/10/13) |
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== See also == | == See also == | ||
* [[Risk]] | * [[Risk]] | ||
[[Category:Compliance_and_audit]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
Revision as of 08:37, 8 October 2013
1.
The risk that transactions or business relationships may have unforeseen adverse tax consequences.
For example, giving rise to additional tax costs.
2.
The risk that the administration of tax may be more costly - or otherwise more burdensome - than foreseen.
Tax risk may arise from existing tax laws and practice, or from changes in tax laws and practice.
