A tax audit is an individual part of the process of a comprehensive examination of a company’s business (Due Diligence).
Carrying out a tax audit is reasonable within the preparation for a company’s tax examination. In such cases, the main goal of a tax audit is to review the accuracy of tax calculations and paperwork, confirming declared deductions, and applied privileges.
Within the framework of a tax audit, both common and uncommon transactions for a specific taxpayer business are to be analyzed.
We conduct tax audits on the following matters:
1. Tax calculation methods analysis and application of tax privileges
2. Analysis of accuracy of tax declarations execution
3. Audit of completeness and timeliness of tax payment
4. Analysis of tax risks
5. Optimization and tax planning
As a result of a tax audit execution, our lawyers provide clients with adequate information about tax debts, amount of such debts, unapplied tax privileges, as well as tax risks accompanying business activity. If incorrect tax data and accountings are revealed in the process of an audit, the client receives recommendations on the elimination of such violations.