• Tax audit procedures
• What is a personnal exam on individual tax position (“ESFP”)?
• What is an account audit?
• What is a tax audit on documentary evidence?
• What is a contradictory assessment of additional tax?
• What is an estimated assessment procedure?
• What is the tax prescription?
• What are the prescription delays?
• How long is a tax audit?
• I’m a director or a sharelholder of a company subject to tax adjustments: What are my risks?
• When do I have to pay the tax adjustments?
• What is the tax authority’s communication right?
• What is an irregular management action?
• What is law abuse? (art. L 64 du LPF)
• What are the tax authority information means and methods?
• What is the delay to bring an action to court?

Tax authorities define an account audit as all necessary procedures required to check a company’s accounting records and to compare some material or facts information to the ones declared.

Guarantees

I. The taxpayer must receive an account audit warning (art. 47 of the LPF).

II. The taxpayer has the right to have an oral and contradictory debate with the controller.

III. The company must be informed of the outcome of the audit, even when no tax adjustments arise (art. L 49 of the LPF).

IV. The period of control of the account audit is limited to three months for companies whose turnover or gross income does not exceed the following limits: