Tax Due Diligence

Tax Due Diligence

As part of legal support in M&A transactions, GRATA also provides services in Tax Due Diligence.  As we know, the purpose of conducting such a Due Diligence is to make an analysis of the company in terms of tax risk and possible violations of tax laws. Simultaneously, an evaluation of the risk of potential claims by tax authorities and the preparation of practical recommendations to minimise such risks are also included in our services.

Tax Due Diligence includes: evaluation of the validity of tax base, evaluation of the applied  tax exemptions, assessment of the correctness of applied conventions on the avoidance of double taxation, definition of certain tax risks to the company and the provisions of solutions to mitigate them, and calculation of consequences in case of the breaching of tax legislation.

Our tax team is also pleased to provide services for Tax Review - a legal expertise of the proper and timely fulfillment of tax obligations of a company, i.e. a legal review of the tax records of the company in order to avoid risks or negative results.

Recent Experience:

• provision of legal expertise regarding Kazakhstani legal entities (subsoil users) for foreign investors on the subject of distribution of shares in parent companies on the stock exchange;
• legal review of the tax records of a company involved in construction works in connection with the submission of tax report documents and calculations of assessed taxes paid in previous tax periods;
• legal review of the tax records of two companies working in chemical production in terms of the correctness and accuracy of their calculations of the assessed  taxes and other obligatory payments to the budget during the past fiscal periods, and the identification of possible tax risks with recommendations for their minimization;
• legal expertise on issues of a Kazakh branch of an international company involved in oil and gas activity.

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