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Era of heightened tax controversy risk requires quality data, records
The quality of documentation is critical in supporting tax positions and declarations, but equally important is ensuring that the practice is aligned with the supporting documentation.
Governments use taxation as the primary source of raising revenue. The tax environment has, on the other hand, been evolving, driven by international developments and domestic policy changes.
On the international front, several far-reaching developments are transforming the taxation framework for businesses that operate across multiple countries, either through in-country related parties or remotely.
