Know more about
Tax audit and preparing annual tax returns
Performing tax audit, as well as preparing and submitting tax return.
Descriptions
- Auditing expenses and revenues documents and the client capital expenses to verify the fulfillment of the formal and material requirements of the new tax law with respect to documents, bookkeeping, and documentary cycle.
- Regularly identifying the actual expenses that are not approved according to the new tax law to be taken into consideration on preparing the tax return at year end and ensuring that the expenses that are customarily accepted without supporting documents or internal documents are within the limits stipulated in the new tax law and its executive regulations.
- Submitting the necessary recommendations to the client’s management after each tax audit process implemented during the year to avoid observations that can have negative tax effects on the client.
- Performing tax audit twice a year: The first audit after the expiration of the first six months of the fiscal year, while the second audit after preparing the draft balance sheet and before being finally approved.
- Preparing the annual tax return in the form required by the new tax law and its regulations.