Pre-audit prevention phase
Our services:
Assessment of your current compliance position by reviewing the existing transfer pricing documentation and policies and by providing a heatmap of potential risk areas and compliance gaps;
Assistance in transactional due-diligence to identify tax audit and controversy risks and exposures;
Employee audit readiness assessment - Assessing your employees’ understanding of transfer pricing policies and positions, available supporting documentation and resources and audit process itself;
Tailored training programs based on the identified gaps or specific needs of your team, covering transfer pricing principles, deep dive into company’s TP documentation, audit processes and importance of proper communication.
Benefits:
Improved readiness for tax audits through proactive identification of risk areas.
Better understanding of potential impacts, allowing for preemptive risk mitigation and improvement of the current position.
Reduced likelihood of adverse audit outcomes through enhanced handling of audit procedures.
Mitigation of risks through well-prepared personnel serving as the first line of defense.
Audit examination and resolution phase
Our services:
During the audit, we will:
Review the documents in order to assess the areas of potential risk and help with building a defence strategy and documentation;
Train the staff responsible for tax affairs to deal with the tax officials in an efficient and safe manner, develop their understanding of the audit process and available legal instruments;
Provide ongoing support on the spot, by assisting in preparing relevant documents and providing explanations to the tax officer conducting the audit;
Expert representation before the Tax Authorities.
Post audit, we will:
Provide support in further procedural or legal action in case of a tax assessment upon completion of the audit;
Provide assistance in identifying the optimal approach to be used in the litigation process and in drafting the appeal for you based on the best and most relevant arguments for the disputed scenario;
Support in implementing the most appropriate strategy that presents the strongest tax, legal and practical arguments to be used in drafting an appeal;
Expert representation before the Tax Authorities.
Benefits:
Expert assistance and real-time support by both transfer pricing and legal experts
Ensuring potential risk areas or red flags are appropriately tackled upfront
Coordinated communication and consistency of information provided
Strategic dispute resolution and negotiation efforts aimed at achieving favorable outcomes, preserving financial and operational stability
