Preparation of a company for transition to tax monitoring
A comprehensive project for a large group providing for the client’s transition to tax monitoring, a joint project of tax lawyers, IT specialists, risk assessment experts, and accountants.
The project included:
– Assessment of the existing risk management system, the level of automation and integration of the IT systems used for accounting and tax accounting, data storage, and electronic document management;
– Development of a plan to improve the accounting and information systems;
– Development of a plan to improve the efficiency of tax risk management and organisation of tax controls.
In June 2020, the client submitted an application to the taxation authorities for transition to tax monitoring.