What does a tax audit mean?
A tax audit is a systematic examination of a company's tax affairs by the tax authorities (and as long as you're not Al Capone, all should be well, just to clarify...). It serves to verify the accuracy and completeness of tax information and compliance with applicable tax laws. The audit may cover one or more tax periods and involves analysing accounting records, receipts and other relevant documents. Tax audits can be announced [...]
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