Welcome to the third issue of Norton Rose Fulbright’s Tax controversy insights.
Tax controversy lawyers with Norton Rose Fulbright around the globe have prepared an inaugural survey of certain tax controversy procedures and issues for Australia, Canada, Germany, Italy, South Africa, the United Kingdom, and the United States.
While each tax controversy will involve unique circumstances, this survey serves as a reference tool for tax executives at multinational companies. It will be an evolving tool, and we plan to add additional countries in future surveys.
This additional includes procedures and issues for:
- Collection of information
- Dispute resolution - administrative
- Transfer pricing
- Civil and criminal penalties
- Judicial challenges
- Privilege protection for information
- Statutes of limitations
- Reconciliation of laws/application of doctrines
Managing IMO 2020 Compliance: The Importance of Engagement Between Bunker Suppliers and Consumers
IMO 2020 is almost upon us. Readers are well aware of the impending switch to 0.5 percent fuel mandated by Annex VI of MARPOL which will cause an anticipated drop in HSFO demand, the potential hazards of new untested LSFO blends, the concerns around scrubber operations, the debate over open loop versus closed loop, and the myriad of other risks associated with the impending regulatory change.