Tax Audit

Main Types of Tax Audits

1. Simplified tax audit: The tax authority conducts the audit on the basis of the available data and the submitted tax return, without the physical presence of the taxpayer.
2. Tax audit related to the enforcement of a state guarantee: The tax authority conducts the audit at the financial institution submitting the application (the beneficiary of the guarantee).
3. Tax audit aimed at the fulfilment of specific tax obligations: The tax authority carries out a targeted audit to verify compliance with obligations relating to notification, filing of tax returns, data provision, record keeping, issuance and retention of documents, bookkeeping, and the payment of taxes and tax advances.
4. Tax audit aimed at data collection: The tax authority may carry out test purchases, take inventory, examine the circumstances of the business operation (e.g. customers, turnover, tangible assets), compliance with social security regulations, statistical headcount, etc.
5. Audit related to the verification of duty obligations: The tax authority examines compliance with deadlines and the correctness of payments.
6. Subsequent tax audit: In typical cases, the first-instance tax authority examines the implementation of the findings of a previous audit, but such an audit may also be initiated at the request of the taxpayer if new facts or circumstances arise that would result in the modification of the findings of the previous audit.

Types of Tax Audits

NAV audits and self-revisions.

In the case of a second self-revision for the same tax period and the same type of tax, the amount of the surcharge is 75% of the late payment interest.

The tax authority conducts tax audits retrospectively, after the submission of the tax return.

The audit may be aimed at a specific type of tax, but it may also be comprehensive in nature.

The tax audit must be concluded by a decision.

Conduct of the Tax Audit

• takes place within the limitation period

• is conducted either at the taxpayer’s premises or at the premises of the tax authority

• begins with the receipt of a notice, or, in the absence thereof, with a letter of authorisation