Tax reviews

The review services offered by Russell Bedford are carried out to identify possible significant risks affecting the Company's additional financial, tax and other business areas. The scope of the survey may be modified at the client's request to meet all expectations.

The results of the survey will be presented at a meeting at your premises. During the meeting, identified tax risks are discussed and our experts suggest that they be eliminated or reduced.

The scope and results of the work are subject to access to information obtained during the analysis of the Company's documents.

We invite you to contact us in order to get acquainted with the details of our offer concerning various genera reviews.

Scope of tax advisory services for the formulation of a tax strategy

1. Drafting a tax strategy.
2. Analysis of tax procedures and management of the tax function.
3. Preparation of the document: "Tax Strategy".
4. Develop a template for information on the tax strategy implemented.

II. Preparation / Analysis of due diligence in corporate income tax.

1. Analysis of the risk management system.
2. Procedures for transactions with entities resident, established or managed in a territory applying harmful tax competition in transfer pricing records.
3. Procedures for maintaining due diligence on the role of corporate income tax payer.
4. Procedures in accordance with the guidelines of the Minister of Finance in the field of the Internal Tax Supervisory Framework.

III. Preparation of MDR procedures.

1. Analysis of procedures for the identification and transmission of tax schemes to the Head of the National Tax Administration.
2. Establish an internal procedure to prevent non-compliance with the obligation to provide information on tax schemes (MDR procedure).
3. Implementation + training

IV. Preparation of the due diligence procedure in the collection of withholding tax (WHT).

1. Analysis of procedures in the field of withholding tax, verification of the possibility of applying a reduced rate / no tax collection.
2. Identifying transactions that may cause withholding tax obligations.
3. Determination of the activities required for non-collection or for recovery where the total amount of duty to the benefit of one entity exceeds in a given tax year 2,000,000 PLN.
4. Reference of tax provisions to the customer's transactions with particular reference to payment of claims.
5. Establish an internal withholding tax due diligence procedure.
6. Preparation of the internal verification procedure for counterparties in VAT.
7. Analysis of procedures for verifying counterparties in VAT in accordance with tax rules.
8. Development of risk reduction schemes for the use of split payment.
9. Establish an internal verification procedure for counterparties in VAT together with its discussion for tax control purposes.

VI. Preparation of the tax governance procedure.

1. Develop a system of organisation (supervising) due diligence procedures.
2. Determination of risk profiles and maximum level of risk accepted by the Client to achieve a financial or strategic objective.
3. Designation of roles, powers, responsibilities and responsibilities for key bodies and employees of the Client.
4. Setting up the tax system.