Tax Accounting

 

BPO7’s offered services will assist you to meet the goals of achieving more effective and efficient tax accounting process in areas of value added tax and corporate tax.

Tax is proved to be vital and inevitable in every business transaction. Organizations have to  comply to the prevailing strict tax regulatory guidance and laws on proper reporting and payment, mainly to prevent relentless penalties imposed by the Tax Office that have been scrutinizing taxpayers that fail to comply on timely filing and payment, and dealing with the tax audit that can drain one’s energy.

In fulfilling the obligations as to taxation law, as well as reconciling the transactions filed in the tax returns with those accounted for in the financial statements, many companies are forced to continuously struggle with their limited in-house resources. These necessitate them to delay the process until later period with the risks of reducing value of the information, while increasing numbers of undetected complex tax problems.