Peter Varga in STVR: How to handle a tax audit and what to expect?

Peter Varga, attorney-at-law and Partner at Highgate Group, was a guest on the show Ekonomika :24 on STVR, where he discussed one of the most important topics for entrepreneurs – tax control.

In the interview, he addressed practical issues that plague many entrepreneurs:

• How to prepare for a tax audit and what does it entail?
• Does the initiation of a tax audit automatically mean that illegal activity is suspected?
• How does the tax audit work, what are its stages and what do I need to prepare?
• What documents can the tax administrator ask for and what are its powers (e.g. access to emails or phone)?
• What is the timeframe of a tax audit and how deep can it go?
• What to do if the taxpayer cannot provide the required documents?
• What does the tax administrator focus on most and what are the most common reasons for refusing a VAT deduction?
• Is there a record of the tax audit in any registry?
• How to optimally set up your accounting and internal processes so that your company is ready for the tax audit?

We have long emphasized that thorough preparation and quality legal representation can significantly reduce the risks and stress associated with tax audits.

Our law firm has been representing clients in tax audits for many years and we provide excellent advice in this area. If you want to prepare in advance or are facing an actual audit, please do not hesitate to contact us.

If you are interested in this topic, please do not hesitate to contact us:

• Peter Varga, e-mail: peter.varga@highgate.sk

For more on tax and in particular tax and levy optimisation, see this section of our website: tax and levy optimisation

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Alternatively, you can address your specific questions in a consultation with our partner Peter Varga, who specialises in financial regulation and tax law. You can book a consultation here: