Perspective: Insights from Inland Revenue’s International Questionnaire campaign. Are you in the expected normal range?

Insights from Inland Revenue’s International Questionnaire campaign. Are you in the expected normal range?

Tax Alert - September 2022

By Bart de Gouw & Riaan Britz

Inland Revenue has published the latest results of its 2021 International Questionnaire and it’s fair to say the trends are consistent with prior years. However, the latest intelligence gathered through the process could indicate something different and you may be considered an outlier (by Inland Revenue) even if you think you have all your international tax affairs in order.

In 2021 was an increase in the number of foreign-owned groups that were required to respond to the questionnaire (755, up from 713 in 2020) as Inland Revenue continues to cast it's net wider.

We summarise some of the interesting trends identified from the questionnaire results below:

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