A few years after the coronavirus pandemic, my firm faces the fact that tax authorities have changed their strategies. The number of inquiries, audits, and often inappropriate fines is increasing. It is also becoming more evident that, as a result of digitalization, tax authorities have the capability to obtain additional information about companies, their owners, and counterparts from other sources. The tax authorities use this information to request specific explanations. The only correct approach under such conditions is to take proactive measures that justify the transparent economic background of a company's decisions, supported by corresponding documents and legal provisions. The...

read more