Tax Review

How we can help 

With this service package, we will periodically (monthly and annually) perform an independent review on tax filings that are prepared by the client’s tax department to help find out misstatements, if any, for correction before submitting them to tax authorities. Besides, while providing the service, we often advise clients on tax risks, if any spotted, and how to optimize tax laws in their businesses (Ex: tax incentives, tax saving,…).

Accordingly, our detailed works are as follow:

  • Coordinate with the client’s accounting department to obtain all tax filings of a period and related documents for the next steps.
  • Check the tax filings to ensure that they are fulfilled in compliance with tax laws.
  • Reconcile figures on the tax filings against detailed ledgers, and check to ensure the figures are accurately calculated and with the right tax rates.
  • Scan and review transactions on the detailed ledgers to make sure that they are eligible for tax expenses or tax refund (depending on each type of taxes). If any unclear, promptly inform and discuss with the client to make sure of their nature for tax filing purposes.
  • Reconcile tax figures against accounting figures to make sure that there are no missing transactions (both revenue and expenses) for tax-filing purposes.
  • Scans and choose a sample of transactions from the detailed ledgers to check their supporting documents to make sure that they accurately reflect the transactions and are eligible for tax purposes.
  • Identify misstatements of the tax filings and propose proper adjustments and solutions for the client’s review and consideration. Prepare and send a detailed report to the client and then directly explain the report when required.
  • Finally, we send the client a recommendation letter that presents our recommendations regarding tax the client’s tax information system and procedures, tax risks, and how to make the most use of tax benefits, if any.

Connect with us

All Services

Audit & Assurance

The independent audit services designed to help clients enhance the integrity and reliability of their financial information for use by investors, creditors, and other stakeholders

Business Consulting

A growing organization needs better systems and processes to improve performance, preserve value and manage business succession and sustainability

Transfer Pricing

Our transfer pricing specialists will assist corporate taxpayers to meet their specific and unique transfer pricing requirements

IT Solutions

We are determined to assist its clients in unlocking the potential for growth through a greater IT orientation