Tax advisory services

TAX CONSULTATIONS

PIT

• We help you to understand and comply with your personal income tax obligations. PIT tax advice is particularly useful for individuals with more complex financial situations, for example entrepreneurs, investors and property owners looking to maximize their returns through tax planning and ensuring compliance with current tax laws.
• We support you in meeting their reporting obligations correctly and on time by analyzing the client’s financial situation and creating tax strategies. We give advice on tax allowances, deductions and investments, positively affecting future tax burdens.
• We keep abreast of changes in tax legislation and assist you in understanding changes in tax law. Our tax advisors represent the taxpayer before the tax authorities and resolve tax issues on your behalf.

CIT

• We help businesses understand and comply with their corporate income tax obligations. CIT tax advisory services are particularly useful for businesses interested in reducing their tax burden while fully complying with applicable tax laws.
• We advise businesses on the implementation of R&D and IP-BOX tax credits and the Estonian model, as well as on planning entity conversions.
• We support you with CIT settlements, revenues, expenses, depreciation and exemptions, as well as preparing tax information and opinions and requests for individual CIT tax interpretations.
• We keep abreast of changes in tax legislation and help businesses understand changes in tax law. Our tax advisors represent you before the tax authorities, in tax and administrative court proceedings, and solve tax problems on your behalf.

VAT

The rules relating to VAT are particularly extensive and complex. Conflicting tax interpretations of VAT issues are commonplace in the legal landscape. It is the tax most frequently audited by the tax authorities, and in many cases the tax authorities decide to initiate administrative enforcement proceedings against taxpayers. We are here to help you with VAT.

• We help natural persons and businesses understand and fulfil their VAT obligations. Value added tax is inextricably linked to the conduct of business activities, accompanying the majority of transactions carried out. NTAX consultants advise businesses on the implementation of bad debt relief, due diligence procedures, complex international transactions and VAT refund procedures.
• We support taxpayers with regard to VAT settlements, tax obligations, rights to deductions and exemptions, as well as preparing tax opinions and requests for individual VAT interpretations.
• We monitor changes in tax regulations on an ongoing basis and assist businesses in understanding changes in tax law. Our tax advisors represent you before the tax authorities, in tax and administrative court proceedings, and resolve tax issues on your behalf.

CONSULTATION ON OTHER TAXES

Our tax advisors advise natural persons and businesses on both indirect and direct taxes. We assist you in complying with the obligations imposed by the ever-changing tax legislation and represent taxpayers during the occurrence of possible disputes relating to the application of the legislation.

Amongst others, we advise on:

• inheritance and gift tax
• real estate tax
• tax on civil law transactions (PCC-3)
• indirect taxes (customs and excise duties)

PREPARING OPINIONS AND EXPLANATIONS

A tax opinion is a valuable source of information on complex tax law issues, protects against the negative consequences of taking wrong actions, and can prove helpful in business negotiations and as evidence in an ongoing audit of the authority.

We will guide you with opinions and explanations:

• We provide services of preparing written opinions and explanations on tax consequences for individual and legal persons, based on the facts presented by the taxpayer.
• Opinions and explanations are prepared in accordance with the applicable provisions of tax law and accounting rules and according to the current legal status at the time of preparing the document.

PREPARING REQUESTS FOR INDIVIDUAL TAX INTERPRETATIONS

NTAX Tax Advisors support natural persons and businesses in understanding and correctly interpreting tax legislation.

• We help you in planning an optimal and secure tax strategy.
• We prepare for you comprehensive requests about individual tax decisions to safely reduce your tax burden and secure compliance with complex tax regulations.

TAX INTERPRETATIONS – NTAX SERVICES INCLUDE:

Preparation of a request for tax interpretations
NTAX Tax Advisors prepare professional applications for tax interpretations for our clients. Experience and diligence in preparing the application and its accurate formulation increase the chances of obtaining a favourable interpretation from the authority.

Supporting the application before tax administration authorities
In case of doubts or disputes with the authority (Director of the National Tax and Customs Information), tax advisors support the drafted application and represent the taxpayer in the appeal procedure to protect the client’s interests.

Representing the taxpayer in the use of means of appealing the decision
We assist taxpayers in the implementation of measures to challenge unfavourable decisions of the tax authorities, and we represent clients during court proceedings to overturn unfavourable interpretations.

TAX PLANNING

We provide tax planning advice to domestic and foreign businesses and natural persons. Tax planning is offered to clients who are just planning to start a business and to businesses with a long track record on the market.

The team assesses the company’s current performance and tax efficiency and recommends possible legal, tax and accounting solutions for implementation. Once objectives and an implementation plan have been established, actions to achieve the objectives are monitored.

During tax planning, we pay particular attention to the assets already developed by the business, increasing their importance in reducing the tax burden. Tax, civil law, accounting, and finance regulations are taken into account. The requirements that arise from the MLI Convention and the provisions of national legislation, such as withholding tax (WHT) and capital gains tax, are also taken into account.