Public administrations offering public services act as stakeholders for all tax-payers carrying out activities for the sovereignty of our country. This relationship as stakeholders have financial reflections in connection with tax matters. Therefore, Tax is a cost for enterprises when it comes to accounting practices. For enterprises, tax is an important matter that should be paid attention in all regulated economies.

Planning operations with due consideration to tax expenditures and calculation and payment lowest level taxes to the extent reasonably practical are financial priorities of enterprises. Incentives and exemptions must be used and tax legislation should not be breached in the course of implementing this plan. Disregarding or breaching legislative requirements during tax planning can pave the way for emergence of bigger financial risks and other risks in connection with taxes.

Therefore, Ministry of Finance conducts inspections with approximately 10,000 active tax inspectors in order to prevent losses and off the record activities. On the other hand, administration conducts a preliminary inspection on data collected from taxpayers in the electronic environment and selects risky taxpayers and prepares data for inspections in order to conduct tax inspections. Thus, it would not be wrong to say that tax inspections of the Ministry are getting stricter.

RoyalCert aims to provide the highest-level contribution to you, our esteemed clients, with its teams of experts and auditors having competencies and deep experiences in their respective disciplines. RoyalCert achieves this through consultancy and process management services offered in connection with tax audit, fraud monitoring and tax reviews and tax claims.

RoyalCert undersigns solution-oriented accomplishments with its experienced and professional team on tax inspections and tax claims. All procedures on tax-related risks and problems are fulfilled by experts in both the domestic and international arena.

Thus, tax expenditures of enterprises are reduced and measures are taken against punishments with impacts on economy and corporate identity.

RoyalCert’s Tax Division provides services with 15 Certified Public Accountants, 23 Public Accountants and 30 Auditors in Istanbul, Ankara, Antalya, Denizli, Kayseri, Gaziantep, Nevsehir and Izmir.