Tax risk management is a set of measures to identify and prevent tax risks through the control and supervision of tax risks in a structured and continuous manner.
The existence of the tax risk management system is one of the criteria for a taxpayer to become a participant in the Gold Level of Advanced Cooperation Program (Cabinet Regulation No. 748 of 27 November 2018 “Regulations on the Operation of the Advanced Cooperation Program”). For more information, see On the website of the State Revenue Service.
The implementation of the tax risk management system will ensure the best management of the company’s internal processes and will prevent tax risks.
