Tax Office has the right to audit the taxpayers to ensure their compliance. It is important for taxpayers to understand their right and obligation during a tax audit process. Not knowing one’s right and obligation can result in unfair tax assessment, penalties, even jail punishment. It is also important to understand taxpayers right to appeal if there is a disagreement with the Tax Assessment.
Overview
Tax Office has the right to audit the taxpayers to ensure their compliance. It is important for taxpayers to understand their right and obligation during a tax audit process. Not knowing one’s right and obligation can result in unfair tax assessment, penalties, even jail punishment. It is also important to understand taxpayers right to appeal if there is a disagreement with the Tax Assessment.
Objectives
- Understand the tax audit, tax investigation processes and the right and obligation of taxpayers during this process
- Understand type of tax corrections, assessments, penalty, and administrative sanctions and how they are calculated
- Understand the risk for not paying tax assessments
- Understand types of tax dispute, taxpayers right, and obligation in the tax dispute process, and what to expect in term of timing and resources to support the tax dispute process
Target Participants
This course is designed for Managers or Supervisors of Finance and any Finance personnel who are involve in tax audit process as well as personnel in the company Tax and Law Department.
