Tax Compliance Services
The objective of our tax compliance service line is that the clients declare correctly their taxes, as well as use all of those benefits granted by the existing legislation.
The main services considered in this service line are the following: monthly VAT declaration, provision for income tax and additional tax Our advisory includes the preparation of monthly tax declarations, form N° 29, which includes the review of the origin of advance payments against the tax income and other items such as monthly tax withholdings, among others.
On the other hand, we assess the operations made by the companies, in order to determine the origin of the additional tax payment, the applicable withholding rate and its due declaration. Annual taxes review
At the year-end, we carry out the determination of annual income taxes, which include the following:
· Determination of taxable net income
· Determination of the initial own capital and variations occurred in the year.
· Amount of the annual taxes subject to the company.
· Determination of special credits balances chargeable to income tax payable, or recoverable.
· Determination of the company’s Funds of Tax Profits
· Determination of Form 22 on the Annual income tax declaration.
· Determination of sworn statements.
Others our services also consider the representation of companies before the internal revenue service as well as municipal license management.
It should be noted that from January 1, 2017 the new tax reform becomes effective and under this context, our professional team is fully trained to provide tax compliance services completely adjusted to this new regulation.