Tax authorities monitor the activities of taxpayers, trying to ensure their compliance with the law.
As Day.Az reports with reference to Milli.Az, for this purpose, some taxpayers are assessed as risky depending on certain criteria. Identifying risky taxpayers is important in order to understand whether they are meeting their tax obligations correctly, as well as to prevent possible tax evasion.
Risky taxpayers: what should they pay attention to?
There are several important criteria for taxpayers to be considered a risk. Lawyer Shulan Nagyev notes that tax authorities may include in the list of risky taxpayers those who do not have economic resources or have insufficient them. Among these criteria is the lack of economic facilities, labor, fixed assets, raw materials and other economic resources.
Examples:
Construction project: The company is implementing a new construction project, but does not have the necessary office and production space. In this case, the company will be considered a rice taxpayer since there are no necessary economic facilities for the activity.
The manufacturing plant requires highly skilled engineers and process specialists, but does not have the workforce in this field. The company continues the production process without providing the necessary labor.
Production without fixed assets: The company is starting to produce new products, but the equipment necessary for production has not yet been purchased. In this case, the company may also be recognized as a risky taxpayer.
Production without raw material reserves: A food manufacturing company begins production without the necessary raw materials. This may also result in the company being considered a risk taxpayer.
Illegal services: A company, for example, wants to provide medical services but does not have the appropriate medical license. Such cases may also result in being included in the list of risky taxpayers.
In accordance with tax legislation, for the legal assessment of such situations, the opinions of specialists and experts are taken into account.
In addition, persons who present goods without using electronic invoices, acts of acceptance of goods or customs declarations in accordance with the law may also be considered risky taxpayers. For example, if company A did not import construction materials, but provided construction materials worth AZN 50,000 to company B, this may also result in the taxpayer being included in the risk list.
In accordance with Article 13.2.81 of the Tax Code, persons carrying out transactions without goods are also considered risky. Such transactions are transactions that are executed for the purpose of generating income without actually providing goods, works or services.
Risky taxpayers should carefully monitor such situations, act in accordance with the law and avoid possible tax audits.