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Description

Tax Audits of Private Wealth: Detecting, Anticipating and Limiting Risks

Prepare a client's wealth documentation long before a tax authority takes an interest in their filings

  • 1 day — 7 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

An adjustment affecting private wealth is rarely dealt with successfully under the pressure of an audit: the outcome is decided upstream, in the consistency of filings, the traceability of gifts and transfers, and the substantiation of valuations. Advisers are often called in once the assessment notice has arrived, when the room for manoeuvre has already narrowed.

This one-day programme follows the sequence of a review targeting private wealth: source of funds, assets held abroad, valuation of property and unlisted shares, and intergenerational transfers. It shows how to secure files in advance, respond to requests from the reviewing officer and carry the discussion through to formal dispute where necessary.

The programme addresses both UAE requirements and the foreign tax authorities that frequently examine internationally mobile clients.

Learning objectives

  • Identify the elements of private wealth that attract scrutiny from tax authorities
  • Reconstruct the source of funds and the traceability of transfers and gifts
  • Substantiate the valuation of real estate assets and unlisted shares
  • Respond to an information request and then to a proposed adjustment
  • Choose between negotiated settlement and formal dispute proceedings

What makes this programme different

The course follows an audit document by document from the initial request onwards
Files brought by participants form the basis of the substantiation exercises
A response template to a proposed adjustment is drafted during the session

Programme

1Anticipating the Review

Spotting weaknesses before the authorities do

  • Areas of scrutiny in income and wealth-related filings
  • Traceability of the source of funds and of intra-family flows
  • Substantiation of property valuations and of unlisted share values
  • Holding of assets and accounts outside the UAE and related reporting obligations

2Conduct of the Review

Managing the relationship with the reviewing officer

  • Forms of request received and applicable response deadlines
  • Documents to produce and documents never to improvise
  • Managing written exchanges and face-to-face meetings
  • Voluntary correction options available during the procedure

3Outcomes and Disputes

Negotiating the adjustment and then contesting it

  • Analysis of a proposed adjustment and of the reasoning behind it
  • Substantive arguments available on characterisation and valuation
  • Discussing penalties and how they are applied
  • Escalation to review committees and then to the competent courts

Who is it for

Wealth advisers · private bankers · legal practitioners · tax advisers and accountants serving private clients.

Prerequisites

Working knowledge of the tax and reporting framework applicable to private wealth.

Dates & locations

36 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.