Tax Compliance Audit

• Performing a diagnosis of the current tax status of the entity to validate its major risk areas and improvement opportunities.
• Reviewing and /or preparing income tax returns, VAT (IGV in Peru) tax returns, Peruvian Temporary Tax on Net Assets and other applicable taxes by industry.
• Reviewing and classifying pre-operating assets, development expenses, exploration expenses and other capitalized assets as well as determining their tax and accounting treatment.
• Tax Due Diligence for acquisition or sale of businesses.

Support in Tax Audits by tax administration and Litigation

• Planning defense strategy over a tax audit performed by the Peruvian Tax Administration.
• Preparing and/or reviewing the responses to the information requests of the Peruvian Tax Administration over tax audits, prior coordination with company management.
• Evaluating and suggesting the type of additional information and/or documentation to be furnished to the Tax Administration.

Tax Consulting

• Evaluating the tax impact of new business, complex transactions or projects to be implemented by the Company.
• Resolving tax questions and consultations, either oral or in writing.
• Preparing and reviewing contracts/agreements with suppliers, partners and /or customers from a tax perspective.
• Providing legal advisory in corporate, trade and real-estate issues.
• International taxation.
• Evaluating and documenting transactions that qualify as service exports.
• Performing an Analysis of the tax implications of transactions with non-domiciled parties: income tax and VAT (IGV in Peru.
• Reviewing the scope of double-taxation agreements.
• Reviewing the scope of services that qualify as foreign technical assistance performed by non-domiciled parties and preparing the certificates required under the Peruvian income tax law.

Tax preparation for Individuals

• Preparing and reviewing income tax returns of individuals.
• Evaluating the taxable family wealth as well as planning funding for establishing family businesses.

Tax Planning and Tax Refunds

• Assessing the alternatives provided for under the current tax laws to optimize an entity’s tax burden.
• Reviewing the special tax regimes. Tax planning of new businesses and/entities in Peru.
• Analyzing and filing application for: Refund of Exporter’s tax credit balance and/or other tax credit balances, Early recovery of VAT; Refund of Excise Tax to transportation sector taxpayers.
• Tax refunding for the Amazon geographic zone.
• Assessing and determining tax credit balance refunds of income tax, temporary tax on net assets (ITAN), VAT withholdings, undue/excess tax payments, release of amounts restricted for tax withholdings.