Hwuason Lawyers Invest in Tax Controversy

China's specialist tax law firm identifies tax controversy as area of growth for the next 12 months.

Bejing, China, November 22, 2009 --(PR.com)-- Hwuason Lawyers, China’s first specialist tax law firm, has continued to build its strong tax controversy practice. Managing Partner, Liu Tianyong, who personally leads the team, has indentified tax controversy as the strongest area of growth for the firm in the next 12 months. Tax Controversy is somewhat unique in China as the better practitioners are more known for their ability to work with China’s tax authorities rather than their skills in the courtroom with very few cases ever going to court in China. The cases that do go to court invariably involve very large amounts of disputed tax.

“It requires a balance between being assertive of your client’s position and having sufficient respect for the officials” comments Liu. Tax Controversy can be a very lucrative area for law firm in China and with the more aggressive approach by the State Administration of Taxation in the last year, Hwuason expects this to grow even further. The reasons for the reluctance to go to court are many but the “lack of expertise” of judges is cited as the principal reason by Liu. “One needs to remember that lawyers have only recently become involved in tax in China. As a result many legal professionals (including judges) still lack a sufficient understanding of the concepts and application” says Liu. This means that an ability to work with officials is critical to resolving disputes.

About Hwuason. Hwuason Lawyers was the first specialist tax law firm in China. A commitment to combining tax and legal services distinguishes Hwuason from other tax advisors. The firm offer clients an alternative to the 'big 4' accounting firms, both in terms of costs and the breadth of services provided, which includes M&A, tax controversy, cross-border and general tax.

For more information about Hwuason: www.hwuason.com

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