What to do during a tax inspection?
Posted: Sun Dec 22, 2024 4:31 am
Typically, an inspection is motivated by an incident or by carrying out an activity in a sector that is in the sights of the Tax Agency in its fraud controls.
However, we sometimes think that any request we may receive is an inspection, when this is not the case. It may be that it is just a limited verification procedure, with no other purpose than to verify information.
Is this a tax inspection or a verification procedure?
The first thing we have to do when receiving the communication is to read it carefully to find out what type of procedure it is .
On the left side whatsapp in philippines of the letter, below the logo of the Tax Agency, the agency that sent it will be indicated. If it is a proper inspection, it will indicate: “Tax inspection unit”, if it is a verification procedure, it will indicate: “Tax management unit”. This is very important to know what we are dealing with.
Tax management verification
If it is a limited verification procedure sent by the tax management unit, the letter will indicate which tax and which year is to be reviewed. It will also tell us the reason for the verification and the information required, as well as the deadline for responding.
We must be very careful with the deadlines, because if we do not respect them, they may decide without taking into account our objections, giving rise to a parallel liquidation that will probably not benefit us.
Typically, the required documentation can be provided by email or by registration, without requiring the affected party to appear in person .
However, we sometimes think that any request we may receive is an inspection, when this is not the case. It may be that it is just a limited verification procedure, with no other purpose than to verify information.
Is this a tax inspection or a verification procedure?
The first thing we have to do when receiving the communication is to read it carefully to find out what type of procedure it is .
On the left side whatsapp in philippines of the letter, below the logo of the Tax Agency, the agency that sent it will be indicated. If it is a proper inspection, it will indicate: “Tax inspection unit”, if it is a verification procedure, it will indicate: “Tax management unit”. This is very important to know what we are dealing with.
Tax management verification
If it is a limited verification procedure sent by the tax management unit, the letter will indicate which tax and which year is to be reviewed. It will also tell us the reason for the verification and the information required, as well as the deadline for responding.
We must be very careful with the deadlines, because if we do not respect them, they may decide without taking into account our objections, giving rise to a parallel liquidation that will probably not benefit us.
Typically, the required documentation can be provided by email or by registration, without requiring the affected party to appear in person .