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Tax audits 2022! How to prepare for the conduct of documentary scheduled audits of taxpayers

On December 24, 2021, the SBGS published on its website a schedule of a documentary scheduled audits of taxpayers for 2022

Analysis of the documents indicates that a number of companies from the furniture industry were included in this plan.

The schedule for 2022 consists of four sections:
Section I “Documentary scheduled inspections of taxpayers – legal entities” and Section II “Documentary scheduled inspections of financial institutions, permanent establishments and non-residents”. 

Section III “Documentary scheduled inspections of individuals. It includes 1703 persons, which he plans to visit next year with the visit of the State Tax Service” 

Section IV “Documentary scheduled inspections of taxpayers – legal entities on the correctness of calculation, completeness and timeliness of payment of personal income tax, military duty and a single contribution to the mandatory state social insurance”.

Taxpayers who are at risk of non-payment of taxes and fees, non-compliance with other legislation, the control of which is entrusted to the supervisory authorities, are selected for the schedule of documentary scheduled inspections.

Who got on the schedule of tax audits in 2022?

Taxpayers have identified the following main groups of tax risks according to the system of risk-based selection:

1) when revenues, volumes of supplies increase, and the amounts of declared taxes do not increase and their size is significantly less than the industry average;

2) the existence of relationships with risky business entities (which are wanted, for which the existing criminal proceedings are related to tax evasion, have signs of fictitiousness and unrealistic economic activity);

3) a significant amount of other costs, excess of operating costs over cost, significant amounts of receivables and payables, and their growth, etc.

Documentary inspection is an inspection, the subject of which is the timeliness, accuracy, completeness of accrual and payment of all taxes and fees provided by this Code, as well as compliance with currency and other legislation, control over which is entrusted to regulatory authorities, compliance with employment legislation, employment relations with employees (employees) and which is carried out on the basis of tax returns (calculations), financial, statistical and other reporting, registers of tax and accounting, which are provided by law, primary documents used in accounting and tax accounting and related to the accrual and payment of taxes and fees, compliance with other legislation, the control of which is entrusted to the supervisory authorities, as well as received in the manner prescribed by law by the supervisory authority documents and tax information, including the results of inspections of other taxpayers.

As you can see, the range of issues that can be checked is quite wide.

Recommendations:

You should not wait for the tax audit – you need to prepare for it.

Prepare those responsible for a possible tax audit. Conduct, if necessary, practical instructions.

Analyze weaknesses in the company’s business operations and tax risks – is it possible to minimize them?

To prepare for the tax audit, the taxpayer needs to build effective communication with the accountant with his vision of weaknesses in tax issues, which will identify deficiencies and, if possible, correct them.

Hire a lawyer/attorney with a specialization in tax law in advance, whose legal assistance can be used quickly in the event of a tax audit.

There are special prices for UAFM members for the initial consultation.

Author of the article: lawyer Mykhailo Honcharuk, managing partner of Honcharuk and Partners law firm

 

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