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Home > Tax Services > Investigation & Field Audit
Investigation & Field Audit
With the increasing investigation and field audit for non-compliance conducted by tax authority, tax omissions and faults uncovered used to lead to heavy penalties and publicize in media.
In dealing tax audit, it is essential to know the underlying purpose and precise purpose of the tax authority to determine the relevant information and documents to be submitted. We can assist you confronting tax investigation and audit, and handling queries from the tax officials.
We help to collect supporting evidence and documentation for an audit defence. We can, acting as your tax representative, negotiate directly with tax authority to ensure that the investigation and audit process is conducted in an appropriate and proper manner.
With in-depth knowledge of the respective rights of the taxpayer and power of the tax authority, we are experienced in guiding our clients throughout the tax investigation and field audit process, and preparing replies to the tax challenges. Where circumstances are appropriate, we negotiate with tax authority for settlement and potential adjustments and, on the available evidence, consider whether tax, interest and penalties imposed might be excessive.
| Frequently Asked Questions |
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| (1) |
What is ~{!0~}Field Audit~{!1~} ? |
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| (2) |
What is ~{!0~}Tax Investigation~{!1~} ? |
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| (3) |
Are Field Audit or Tax Investigation the only two ways of which IRD used to identify tax compliance ? |
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| (4) |
What is "tax evasion" ? |
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| (5) |
What is the usual penalty if one was found of evading tax ? |
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| (6) |
Under what circumstances will IRD initiate criminal prosecution ? |
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| (7) |
What shall I do if I was being investigated by the IRD ? |
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| (8) |
Why tax representative is preferable in handling tax investigation ? |
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| (9) |
Can one avoid being prosecuted if the IRD considers him engaged in tax evasion ? |
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