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During the working session with the tax authority, several important issues related to corporate tax obligations were clarified. This is the time when businesses should conduct a comprehensive review of their records to ensure full compliance with legal regulations, especially as the year-end tax finalization period approaches.
The meeting focused on key areas such as invoice verification, revenue–expense reconciliation, updates on new tax regulations, and preparation for the Q4 tax filings.
The tax authority emphasized the importance of thoroughly checking all input and output invoices. Businesses must ensure that:
Invoice data matches the records in the tax authority’s system.
There are no incorrect, cancelled, or adjusted invoices processed improperly.
Electronic invoices are stored according to the required standards and ready for inspection.
Even minor discrepancies may lead to tax reassessment or unnecessary penalties.
One of the key points highlighted by the tax authority is the legitimacy of expenses, including:
Office rental costs and related service contracts
Personnel expenses and employee benefit policies
Outsourced service costs
Management, operational, and production-related expenses
Businesses must clearly identify deductible and non-deductible expenses under the Corporate Income Tax Law to avoid post-inspection adjustments.
In 2025, regulations concerning VAT, CIT, PIT, and Social Insurance undergo several changes. Businesses should carefully review:
Newly applied declaration forms
Filing deadlines for each reporting period
Updated penalty levels for incorrect or late submissions
Tax incentive or support policies applicable to eligible enterprises
Staying updated early helps businesses minimize risks and optimize tax obligations.
The year-end period is when errors are most likely to occur. Businesses should plan early to:
Submit VAT, PIT, and CIT declarations on time
Calculate provisional taxes accurately
Avoid late payment interest
Prepare complete documentation for the 2025 tax finalization
Proactive preparation reduces pressure and prevents complications during tax inspections.
GIVLAW provides specialized legal and tax advisory services, helping businesses work with tax authorities professionally and efficiently:
Reviewing all year-end tax records
Identifying risks and reconciling invoice and accounting data
Advising on error handling and corrective solutions
Representing businesses in tax authority meetings
Supporting tax declarations and 2025 tax finalization
