Tax practice Tax practice

The Tax practice of Slovo&Delo is based on advising business and private clients on tax disputes. Our experience and team composition allow us to effectively identify, analyse as well as minimize the risks which can result in tax claims and liability. High level of expertise in several fields of law and economics combined with a pro-active approach when representing clients’ interests enables to achieve the set goals.

Tax practice experts are competent at:

  • analysing financial and operational flows of the company, business specifics;
  • eliminating the risks arising at the stages of pre-inspection analysis and a desk tax audit;
  • preparing answers to the inquiries and other written requests of tax authorities during
  • pre-inspection analysis;
  • advising on the issues of applying tax and currency legislation;
  • legal support of field and desk tax audits;
  • attorney’s services in tax crimes;
  • pre-trial settlement of tax disputes; — court settlement of tax disputes.

Relevant experience

Preinvestment tax analysis of acquisition of an asset of Tax Due diligence
Situation

A new company of the holding faced a problem of negative tax authority’s assessment of VAT compensation during the acquisition of a capital construction project in view of its small revenue.

The accuracy of estimated cost formation of capital construction was examined and the real ability of all subcontractors to conduct construction and installation operations was checked.

Difficulties: tightened tax surveillance against the backdrop of negative information in mass media concerning another developer’s client.

Result

In the course of the detailed desk tax audit, the market price of the capital construction project and its use in the VATable activity were successfully proved.

The private question of the client related to financing the asset acquisition process was investigated.

The asset of the company was protected: the formed evidentiary basis will protect from revising the decision of the desk tax audit if a field tax audit is arranged.

Fuel and energy enterprise

Advising the company owner on the fuel and energy production due to the tax authority charge of tax arrears amounting to over RUB 300 million. As a result, the realized strategy enabled us to keep the business operating and to reduce the liability.

Production holding

We appealed against tax arrears regarding the client’s obligation to restore the VAT in the course of the inventory write-off, to pay the VAT for rendering services to a foreign company. The reasonability of costs to be indirect was proved. Claims of tax authority were lowered by 80% at a pre-trial stage.

Construction company

As a result of the field tax audit of the electric transmission line construction company the additional tax arrears of about RUB 80 million were charged, a criminal case upon company management’s evasion from paying the VAT amounting to RUB 60 million was initiated (para.6 part 2 art. 199 of the Criminal Code of the Russian Federation). A charge was not brought against the CEO, the criminal case was dismissed.

City-forming enterprise

Protecting the owner of a large city-forming enterprise in the process of simultaneous investigation of three tax-related criminal cases. The case peculiarity was the client’s position as a legislative assembly member of the constituent entity of the Russian Federation. As a result, one of the criminal cases was dismissed at the preliminary investigation stage due to the absence of elements of crime. As for two other cases, we succeeded in considerably decreasing the sum of the alleged damage.