CPD EVENTS
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INTRODUCTION
Tax audit is a primary activity of the tax authorities under the Self-Assessment System to encourage voluntary compliance with the tax laws and regulations. Tax investigation will be carried out should there be a suspicion that a taxpayer is may be deliberately trying to avoid paying tax or has committed an act of wilful evasion under the tax laws.
COURSE OUTLINE
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The tax audit and tax investigation framework
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How does the IRB select the file for tax audit?
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What can trigger an audit or investigation
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Risk areas for taxpayers
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Update of Latest Development on Tax Audit & Investigations
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How to prepare for tax audit and investigation
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The negotiation process and how to settle the case amicably and in a reconciliatory manner to avoid the long costly process of litigation in the Courts
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Case studies – learning from others