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Mediating with the taxman for amicable resolutions to tax disputes

Mediation works particularly well in countries that try to build a relationship between taxpayers and tax authorities that is based on trust and cooperation.

In complex cases where there are additional issues involved in the tax dispute, mediation offers potentially better outcomes as it can take into account multiple factors in the course of settlement.

ON AUG 7, 2019, in a ringing endorsement of Singapore's contributions, the United Nations made the historical decision of naming its Convention on International Settlement Agreements Resulting from Mediation as the "Singapore Convention on Mediation". Since then, 52 countries have signed the...

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