VAT assessment objection: When you share the state – and try to get out of it peacefully
The Tax Authority doesn’t just call to ask how you’re doing. And if you’ve received a VAT assessment – that is, a demand for payment based on the authority’s assessment (and not based on a report) – it’s a sign that something in the harmony between your business and the state has gone wrong. Sometimes […]
Dealing with a tax assessment issued based on best judgment
Every business owner is required to maintain accounting books and receipts from the first day of operating the business. Bookkeeping depends on the type of business. Bookkeeping rules are found in the Income Tax regulations (bookkeeping). Many business owners and taxpayers find themselves in a situation where they have been assessed a judgment by the […]