Financial investigations and forensic inquiry

In tax disputes tried by arbitration courts, expert witnesses are charged with examining taxpayers’ business transactions to identify their economic nature.

Expert witnesses give opinions on: 

>  the economic feasibility and appropriateness of expenditures (for instance, in income tax and VAT)

>  how transactions affect the economic outcome of the taxpayer’s activity

>  the validity of prices of goods, works and services purchased and sold (Article 40 of Russia’s Tax Code)

>  the validity of accounting rules applied (for example, in property tax charges)

>  the presence of a business goal and good faith in the taxpayer’s actions (for instance, when finding a transaction null and void)

>  the size of the tax base and taxes payable

>  budget (off-budget) settlements

>  other economic aspects of business activities affecting tax liabilities

Forensic Accounting Projects