One of the outstanding services of our Law Firm is tax consultancy. In taxation matters, we offer creative legal solutions for both private individuals and companies. This outstanding professional field is managed by two colleagues who are also expert lawyers of tax law, dr. Péter Sziklai Senior Attorney and dr. Róbert Szombati.
Please choose from our below services:
- Prevention
- Representation at investigations
- Tax structures for the future
- Estimation of taxation risks
- Representation at investigations
- Tax optimisation, formation of tax structures and models
FOR PRIVATE INDIVIDUALS
Tax law solutions for private individuals
1. Prevention
In case of private individuals the most crucial tax type is the personal income tax. Personal income tax shall include among others the taxes burdening wage income, capital gains tax or even dividend tax. The State Tax Authority has been paying special attention to the increase of assets of private individuals since year 2007.
The type of investigation referred to in everyday speech as “enrichment investigation” is in fact an estimation procedure after the subsequent review of the personal income tax return, if required pursuant to legal regulations. During enrichment investigations the tax authority examines the documented income of the taxpayer and the expenses spent on enrichment. The classic case of shortage of resources occurs when the expenses exceed the income.
Every taxpayer has the opportunity to minimize the “surprise effect”. All they have to do is contact our Law Firm. We process the statement of assets and liabilities of the Client from the last 5 years based on the methods used by the tax authority, thereby we find those periods when the Client’s income did not cover his expenses.
Our former experience shows that as a result of a successful preparation the periods with shortage of resources, and thus the findings of the tax authority as well, can be reduced to a very low level in almost every case.
Our firm prepares you for an eventual enrichment investigation in the following manner:
- We prepare your statement of assets and liabilities for the last 5 years according to the internal methodological guidelines of the tax authority
- We spot the periods with shortage of resources
- We provide personalised recommendations
- We minimize the risk of being chosen for investigation
- We monitor your balance every year
Guarantee: our law firm guarantees that the figures of the statement of assets and liabilities prepared according to the data made available concerning the year examined by us shall be perfect!
2. Representation
If an investigation has already been started against you, then you should provide for professional legal representation as soon as possible! We are most efficient with our work if we can join the investigation at an early stage.
Our Law Firm offers you the following services to represent your interests at the tax authority:
- Preparing the strategy
- Preparations: preparing the statement of assets and liabilities, spotting eventual periods with shortage of resources
- Consulting
- Making statements, filing evidence production
- Personal and continuous contact with the tax authority
The two most important advantages of representation by our Law Firm:
- You do not have to spend long hours at the tax authority thus you are free to concentrate on your own work.
- At the end of the investigation, no tax arrear will be determined or the lowest tax arrear possible among the given circumstances.
3. Tax structures for the future
Are you sure you pay your taxes in the most favourable way allowed under the given legal background? Why should you pay more than the mandatory minimum?
Plan the tax optimization of your current and future income already now! We provide our Clients personalised, lawful and functional solutions.
The tax solutions offered by us include two key areas:
A. Tax optimisation:
We prepare the most favourable taxation scheme concerning your current and future economic results taking into account the utilization of the assets produced.
B. Asset restructuring:
If necessary, utilization of tax effective solutions with a view to economic or inheritance related considerations, by restructuring existing and future assets.
FOR COMPANIES
Tax law solutions for companies
1. Estimation of taxation risks
Thanks to our experience obtained during investigations, we are able to assess the taxation risks of your company in terms of all tax types and we also undertake to review individual legal relationships or transactions.
Following the review, we prepare an expert opinion and recommend solutions, if required. We are of the opinion that the analytic part of our work is extremely important in case of the below tax types:
- VAT
- Corporate tax and surtax
- Business tax
2. Representation at tax audits
We provide the appropriate, professionally trained representation for your company during tax audits.
Our Law Firm provides the following services to represent your company’s interests at the tax authority:
- Preparing the strategy
- Preparations: transaction analyses with different approaches depending on tax type
- Consultancy in order to avoid possible anomalies
- Making statements, filing evidence production
- Personal and continuous contact with the tax authority
- Reporting continuously to the management about the processes and progress of the investigation
3. Tax optimisation, formation of tax structures and models
Our Law Firm performs tax planning in both Hungary and abroad. If hired, we assess the financial processes of the company and recommend a taxation scheme fitting the given activities.
We always provide individual, personalised and most importantly lawful models. In this way the greatest possible security will be guaranteed and at the same time the tax payment obligations of you and your company will be reduced to the minimum.
Based on our extensive international relations in countries such as Liechtenstein, Switzerland, Cyprus and through our partners in almost all the countries of the world, we are able to prepare a great variety of taxation schemes.