A tax audit is a verification of tax reports of economic entitites.
This service is attractive due to its results:
- Confirmation of accuracy and justification of company’s tax liability calculations over a specific period of time;
- Assessment of methods used to calculate taxes in disputable situations (separate VAT accounting, evaluation of in-process inventory and finished goods, breaking down advertising expenses into regulated and unregulated).
Based on the results of tax audit and fee calculations a report is produced, which provides a full description of violations identified, analysis of the current arbitration practice and opinions of tax authorities as well as recommendations on tax accounting.