The client, had outsourced its administrative services with a company of local reach.
Up until that time there had been various problems, not only in communication but also in delivering high-quality documents in a timely manner. The amount paid in penalties and interest for filing tax returns after the deadline was critical. In addition, the client did not have the assurance that the data contained in the accounting records matched the tax returns filed.
The client trusted IVC with all of its administrative services, including:
Accounting revision and opportune adjustments.
Tax audit- the inconsistencies between the tax returns and accounting records were communicated to the client, and corresponding alternative and complementary statements were presented immediately.
The client has not received any tax penalties since it entrusted IVC with the management of its services.
The penalties charged for statements realized before IVC´s intervention have been reduced considerably.
The client has the power to audit its own data, while the parent company can make sure that the services are presented in a professional manner.