Corporate Tax Compliance Review

• Review of recording of revenues and costs in the corporate income tax return in accordance with the Corporate Income Tax Act;
• Assessing the appropriateness of accounting policies for business purposes and their influence on corporate income tax assessment (analysis of the accounts, accruals, provisions, write-downs and write-offs, traveling expenses, entertainment expenses);
• Consistency check of recorded items in the balance sheet with book-keeping documents and reviewing the appropriateness of documents for corporate income tax purposes;
• Critical judgment of tax non-deductible costs and expenses;
• Review of bonuses schemes and other additional remuneration of employees, besides salaries;
• Review of management fees and recharges;
• Use of all feasible tax allowances and credits to the most optimal form, considering the provisions for claw back of tax allowances;
• Preparation for tax audit.