The Tax Department of Kreston GCG recommends running agreed-upon procedures to verify the state of tax accounting and tax reporting accuracy. With this service, the management and company owners will have timely knowledge of tax risks related to their own business operation. The recommendations made by auditors for eliminating the discrepancies (violations) detected in the statements will help minimize the penalties imposed by oversight authorities.
Kreston GCG recommends running comprehensive tax audit services (fees) and tax reviews. The difference is that tax reviews are selective in terms of individual taxes (fees) and/or certain business transactions (business processes).
The subject of tax audit (appraisal) can include:
- Corporate income tax;
- Value-added tax (VAT);
- Personal income tax;
- Environmental tax;
- Rental payments;
- Property tax;
- Single tax;
- Withholding tax;
- Controlled transactions (Transfer Pricing): identification and analysis;
- Permanent establishment of a non-resident.
When conducting a tax audit (appraisal), the auditors from Kreston GCG analyze and examine source documents, accounting ledgers, tax and financial statements. A comprehensive review and analysis of the input information allow us to investigate the transactions comprehensively and estimate whether they are recorded in the statements properly, as well as their compliance with requirements of the current tax and other legislation.
Only highly specialized experts are able to run the audit, which includes auditors, accounting experts, and tax jurists.