The tax authority may, periodically, request to review the VAT records of a business. Inspectors have wide-ranging powers enabling them to enter and inspect premises and to review records.
The inspectors will visit the business's premises, interview the owners or directors of the business and key staff, inspect the premises and review the VAT records.
A tax audit may comprise the following audit procedures:
- Ìý
•ÌýÌýÌýÌý An unannounced audit, which consists of verification of facts and documents, mainly as a result of information regarding the existence of certain violations of fiscal legislation, without previously notifying the taxpayer.
- Ìý
•ÌýÌýÌýÌý A crossed audit, which consists of the verification of documents and taxable operations of the taxpayer in correlation to those held by other
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Web page updated on 17 Mar 2025 15:41