The IRS has access to more and more business data today, and problems may arise even before any irregularities are detected. How to prepare for control, to answer questions of the office and to defend the company and assets from the consequences of any dispute?
Entrepreneurs are inactive treated like criminals. This is evidenced by the ways in which the taxation office obtains information and the consequences that the company may have before anyone demonstrates whether there has actually been an irregularity. A fishy is adequate to origin problems with access to money. Meanwhile, the entrepreneur must pay employees, buy materials and carry out orders. His obligations do not vanish just due to the fact that the office needs time to check the documents.
Very frequently we have entrepreneurs who are already in dispute with the treasury. Then 1 of the first questions is how many authorities have learned from them. What did they say on the phone? What papers did they send? Did they answer circumstantial questions, or did they talk about their activities? It matters due to the fact that an unthought-out answer can open another thread. Therefore, preparation for contact with the office should start earlier than erstwhile the first call was received.
A good example is the communicative of the developer from Wielkopolska, who built a single-family housing estate. due to the risks associated with the construction industry, we previously considered it worth keeping any of the funds on a abroad bank account. The money was intended to be a safety against blocking accounts in Poland. In fact, specified a block was due to suspected VAT fraud. The company could pay salaries but could not usually buy materials or start further stages of investment. Without a set aside reserve, further construction would be called into question.
If the developer did not have these measures, there could be payment congestion, failure of assurance of contractors and yet bankruptcy. After 2 months, the bill was unlocked. The entrepreneur got word there was no crime. He didn't even hear "sorry." This shows why same - integrity is not enough. You may be right, but you inactive gotta go through the time of the case. The company needs financial resilience regardless of what the final result of the audit will be.
How does the IRS control the companies and how to prepare to contact the office?
The tools and means of control have changed greatly over the years. 20 years ago control associated with coming to the company and looking at papers in search of irregularities. Today, the office has data that let the entrepreneur to be selected in advance. He sees transactions, invoices and money flows. It can compare information from different sources. This will be easier all year and entrepreneurs will be more hard to base their decisions on the presumption that no 1 will announcement a peculiar operation.
KSeF is another component of this system. The Office shall be informed of who issued the invoice, to whom, for what amount and for what reason. A uniform format of papers is besides important. If each invoice looks the same in terms of the data structure, algorithms can analyse large data sets much more efficiently. Moreover, JPK_VAT (i.e. an electronic file containing a summary of the records of purchases and sales and a declaration part which the active VAT payers must submit to the taxation office) and the anticipation to compare VAT settlements between counterparties. If 1 organization deducts the taxation and there is an incompatibility on the another side, this may give emergence to an interest in the office.
There are besides bank account data and global exchange of taxation information. An account abroad does not automatically mean that the Polish office does not know about it. Therefore, abroad accounts are worth reasoning about in the context of financial organisation and diversification alternatively than hiding money. The same applies to abroad companies. The specified fact that the entity was registered outside Poland does not remove all obligations related to the activity carried out here. We request to realize where transactions are occurring and what the consequences are.
In practice, an entrepreneur should be able to explain what he does in his business. Why would he buy circumstantial equipment? What's he utilizing the car for? What was included in the service described on the invoice as a "analysis" for 20 1000 zlotys? Accounts with related parties, atypical costs or requests for VAT reimbursement may be of peculiar interest. It's not about fearing all expense. The point is that behind the paper is simply a real act that you can describe and justify.
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Author: ]]>Matthew Tomczyk]]>
