Our services in connection with tax matters encompass different alternatives ranging from assistance and tax assessment for both individuals and legal entities, to evaluation of strategies and definition of the most appropriate tax profiles for taxpayers, within the framework of their business, financial planning and regulatory background.
We are mainly focused upon determining potential contingencies in favor of the Tax Authority for periods which have not expired under the statutes of limitations applicable. In connection with Due Diligence audits, we analyze financial statements in relation to tax and social security accounts in full so as to provide solid grounds upon making strategic decisions or entertaining negotiations in relation to purchase values.
To that end, we perform the following tasks, among others:
+ Review of monthly and annual tax returns, compliance status in connection with taxes levied by the Argentine Tax Authority (AFIP) and taxes levied by the Provinces;
+ Survey and control of application of tax withholding and tax collection at source regimes, at the national and provincial level;
+ Global taxable base tests for taxes assessment;
+ Study for implementation of internal control mechanisms.
In light of new international taxation paradigms, we believe that planning, together with prior assessment of tax impact on businesses, constitutes a fundamental decision-making tool. Furthermore, in addition to proper compliance with tax obligations, our services are aimed at achieving the greatest benefits derived from minimizing the tax burden within the framework of effective regulations.
We assess the tax obligations applied to income or net worth of individuals and companies.
We do this in relation to:
+ National taxes;
+ Provincial taxes;
+ Tax collection agents;
+ Existing special regimes.
Whenever our clients pay taxes in excess of their tax obligations and tax credit balances accumulate as a result of that, we offer the possibility of carrying out the necessary proceedings to apply for tax refunds and tax exemptions under several tax withholding and tax collection at source regimes.
We provide exporter companies with a quick and efficient solution to obtain refunds of their VAT balances in order for such tax credit not to remain unavailable.
Such amounts are an essential portion of exporters’ working capital and obtaining their refund represents a significant influence in such companies’ competitiveness.
Our service encompasses:
+ Redefinition of administrative information flow for exporters;
+ Totally or partially outsourced preparation of tax refund applications;
+ Follow-up subsequently to their filing, aimed at finally having such refunds credited into account or transferred;
+ Compliance with related requirements.
We offer our clients an option to apply for exemption from application of the following regimes:
+ VAT / Income Tax withholding or collection at source;
+ Turnover Tax withholding or collection at source;
+ Related Social Security withholdings..