What to keep in mind
Check jurisdiction, deadlines, notices, evidence, relevant accounting records and available defenses with tax specialists.
Late or inconsistent responses may worsen an audit or assessment.
Distinctions often confused
An information request and a final tax determination are procedurally different acts.
Frequently asked questions
Can a company challenge a tax assessment?
Potentially through the appropriate administrative or judicial remedies.
Should records be submitted without reviewing the request?
No. Scope, relevance and lawful disclosure obligations should first be understood.
Informational content. It is not a substitute for professional advice.