Tax Audit, mechanism for optimization in tax management
Our firm offers the services of tax audit in order to allow our clients to evaluate and control the correct and strict fulfillment of the tax obligations based on the current regulations in the matter.
What do we evaluate in the tax audit?
The audit process evaluates the accounting record of the company’s operations based on current tax and accounting regulations.
The evaluation does not only imply the fulfillment of obligations but also the correct application of the diverse tax benefits that a company has adopted.
This evaluation is carried out by qualified and competent personnel, called tax auditors.
What are the objectives of the tax audit service?
Our main objective is to allow our clients to mitigate contingencies in Tax matters due to an incorrect practice and/or compliance with obligations established by the Tax Authorities.
Having clearly defined that tax contingencies can generate instability in a company.
What happens after the tax audit procedure?
After the tax audit procedure, in which different techniques were used to evaluate tax compliance, our audit team will provide a document called a tax audit report.
The tax audit report includes the diagnosis of compliance with tax obligations, as well as the correct application of tax benefits if any, and points for improvement.
What happens if the audit team detects any non-compliance or omission of any tax obligation?
If, as part of the result of the tax audit, any tax non-compliance is detected, our team of external auditors is able to provide support for due compliance in accordance with the legal framework. As well as quantifying the economic impact within the organization.
Is the tax audit service only applicable to large companies?
The tax audit service is designed to suit the client, regardless of the size of the company, the sector and other relevant factors.
Our tax audit service is different because it is not a standard service, but a personalized service according to the needs of our clients.
Who are the members of the staff of tax auditors?
Our staff of auditors specialized in tax matters is made up of a team of multidisciplinary professionals, which allows us to provide our clients with the tax audit service with the best quality standards.
The external auditors are lawyers and/or accountants specialized in Tax Law.
Why is the tax audit important?
Because it allows to align the accounting and tax management of an organization.
The Tax Audit service, when audited by a team of external auditors, allows from a different point of view to validate the accounting practices carried out by the organization according to the regulations in force.
The Tax Audit allows the negative impact on the organization due to tax contingencies to be mitigated.