Tax Audit

The company incorrectly calculated and paid SIF contributions for three years

• Purpose

  Return overpaid insurance premiums

• Employee involved

  Anna Karpova

• Process description

  The company incorrectly calculated and paid Social Insurance Fund contributions for three years. The company's specialists audited personnel documents, as well as all tax returns and payments to the funds.

• Result

  Tax Compliance specialists conducted a tax and personnel audit, restored personnel documents for three years and prepared revised tax returns. As a result, more than 30 million rubles of overpaid insurance premiums were returned from the budget.

• Process description

  This project examined the tax risks associated with raising loans from Russian banks and the subsequent financing of companies within the group with these funds. In particular, a whole pool of risks related to accounting for tax purposes of specific bank commissions (payments for opening a "credit line", etc.), potential reclassification of transactions and others was analyzed. (The project was implemented by an employee before joining Tax Compliance)

• Result

  The client received a detailed explanation of the tax consequences, risks and ways to minimize them.

• Process description

  In this project the client was given the task to develop a marketing policy, the inventory of existing marketing activities and development of optimal ways of tax accounting of these activities. The project concerned interaction with bloggers and celebrities, bonus payments, outdoor advertising and advertising in shopping malls, commercial product testing, etc. (The project was implemented by an employee before joining Tax Compliance)

• Result

  Marketing policy was developed for the client, taking into account the recommendations to optimize tax risks. The client also received a detailed description of the tax consequences and accounting methods of the relevant transactions.

• Process description

  Within the framework of this project, a construction company was interested in the tax qualification of an agreement providing for a construction company to demolish social infrastructure facilities with the subsequent construction of new facilities and their transfer to the owner instead of the demolished facilities. In particular, the Client was interested in a wide range of profit tax and VAT issues, including the tax qualification of the transaction as reimbursable (barter) or gratuitous, potential tax risks and other. (The project was implemented by an employee before joining Tax Compliance)

• Result

  As a result of the study, the client received a clear map of tax consequences, a description of tax risks and ways to minimize them.

• Process description

  The client planned to enter into a license agreement between the U.S. parent company and a Russian subsidiary for an expensive ERP system. A large "security dossier" was prepared for this agreement in order to present it to the tax authorities during an audit. The consultant was given the task of assessing the key tax risks related to the above transaction, as well as to research the weaknesses of the security dossier and formulate recommendations on strengthening the client's position. (The project was implemented by the employee before joining Tax Compliance)

• Result

  The client received an assessment of tax risks and recommendations for their minimization, as well as clear proposals for changing the contractual structure.