SWIFT gpi and Tax risk: Difference between pages
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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. | |||
== See also == | == See also == | ||
* [[Risk]] | |||
Revision as of 14:20, 23 October 2012
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.
See also
