Tax assessment – tax audit
For tax audit:
- Before tax audit
+ Review of the company’s record to aces historical tax compliance issues;
+ Identification potential tax issues so that companies can address them beforehand;
+ Identification of unrealized tax incentives and/or potential unrecorded tax liabilities; and
+ Formulation of tax efficient recommendations and compliance strategies.
- During tax audit
+ Assist the company which technical support including advice on tax legislation and clarification of tax issues;
+ Prepare schedules and other data as requested by the company for tax audit purpose, and
+ Information management.
- Post tax audit
Review and analyst issues raised in tax audit minutes;
+ Recommend remedial actions to address the issues raised during the tax audit including:
_ Meeting and negotiating with the local tax authorities;
_ Preparation of applications for tax ruling and appeals to the Ministry of Finance or tax authorities; and
_ Advise on potential opportunities for future tax savings and compliance program.
Think laterally – Where is your Risk
Failure to comply with tax laws can expose any taxpayer to significant legal, business and reputation’s risk. Keeping your own house clean is only part of the story what about your agents and business partners
APCO can provide tax and regulatory compliance reviews for any entity in Vietnam. Including local agent, distributor, importers and manufacturers.
