In the last 15 years of training and educating people in the areas of Tax Risk Management, International Taxation and Transfer Pricing, the I/I/T/F and its faculty have been approached by alumni for additional guidance. In the past, I/I/T/F has not offered consulting services.
We have now decided to extend the educational platform to assist MNEs in establishing practical and workable systems to identify, monitor and manage the various tax risks that face MNEs.
One of the most important areas we teach in all our courses is the importance of identifying, monitoring and management of tax risks through the establishment of a “tax risk steering committee”. It is important to note that many tax risks accumulate over many years that may not always be addressed because the appropriate tax risk management system does not exist in the MNE.
The reason for this is: