Conducting a tax audit
Tax audit, conducted by the law firm «Nakaz», is carried out in several stages:
- analysis of tax and accounting registers with preparation of express reports;
- development of proposals for the refund or offset of excessively paid tax payments;
- preparation of amended declarations, if necessary – statements to the country’s tax authorities;
- if necessary – representation of interests before tax authorities and courts.
Conducting a tax audit by the law firm «Nakaz» will help identify financial losses and develop a set of measures to minimize tax risks. The cost of a tax audit for enterprises is determined individually for each case. It depends on the number of objects to be examined and their types, the complexity of the issues posed, the need to visit the business site, the number of specialists required to conduct the tax accounting audit. The final cost is formed after the specialist becomes familiar with the scope of work and clarification of the list of issues to be resolved.
Highly qualified specialists at the law firm «Nakaz» will reduce the risk of unjustified financial losses, identify and help eliminate potential issues with tax authorities regarding tax calculation and the preparation of required documentation.
Tax audit
The essence of a tax audit is to carry out a comprehensive diagnosis of the enterprise’s activities, which helps identify errors related to the payment of government levies. Furthermore, a full review of the current payment system may reveal mechanisms that contradict applicable law. This applies to unintentional violations by legal entities or individuals that could be grounds for liability.
The methodology of the upcoming audit is determined based on the tasks set by its initiator. The expert opinion may provide answers to the following questions:
- Does the current taxation system comply with the requirements of the legislation?
- Does the taxpayer have any outstanding obligations to government authorities?
- Are taxes and fees being paid on time?
- Is there a lawful way to reduce the taxable base?
- Were any errors identified in the existing expense accounting system during the study?
- What amount of tax-exempt financial resources does the organization manage?
- What changes need to be made to the enterprise’s taxation system if it plans to change its line of business?
- What can the expert recommend regarding improvements to the tax accounting system?
Advantages of conducting a tax audit in your company
As a result of the audit, with the help of our company’s competent staff, you will receive:
- information on the possibility of applying tax benefits provided by law to your enterprise;
- details of identified violations and recommended methods for their elimination;
- a developed set of measures to prepare for a scheduled or unscheduled tax audit.
Service cost
The pricing of our company’s services is influenced by the following key factors:
- the complexity of the situation requiring expert intervention in your firm’s financial affairs;
- the number of specialists involved simultaneously in the comprehensive study;
- the list of tasks assigned to the experts;
- the deadlines specified by the client within which the work must be completed.