Our services

Tax advice and
transfer pricing

Nobody in this society is in any way obliged, morally or any other way, to arrange their business relations or property so as to pay higher taxes.
Our work brings about new and creative types of transactions. The modern and sophisticated management of the tax agenda includes, above all, high level of expertise and constant care of the currently available information. We work closely with our clients to create and implement tax strategies to achieve results consistent with the risk profile and business objectives of each client. We help to understand the tax implications of the client so that their business can be taxed the most effective way. Our primary goal as tax consultants is to minimize the required tax burden for our clients.

In the Kreston Slovakia portfolio classical and extraordinary cases and projects that involve domestic and foreign operations and the formation of business groups have long been covered. Our standard services include:

• taxation of small and medium-sized enterprises
• processing of VAT, taxes on motor vehicles, transfer of profit on the basis of tax
• assessment of the eligibility of tax costs
• tax refund from other countries
• taxation of organizational units and permanent establishments
• transaction consulting and tax optimization of individual companies and companies in the group

The Kreston Slovakia services also include tax planning. The client receives all the information necessary for optimization solutions in the near future under applicable legislation, taxation in domestic and foreign legislation, assessment as well as identification of tax risks and overall minimization of tax burden. In addition to tracking the targets set by clients, the Kreston Slovakia can design a strategy in an effort to maximize benefits or at least minimize the damage that arose as a result of errors committed by the client in the past.

Tax planning particularly includes the following services:
• cooperation in auditing and pre-auditing, communication with the auditor
• national and transnational tax assignments
• identification of tax risks when entering foreign markets
• taxation, possible implementation models and their impact on more demanding investment
• sale (parts) of the enterprise

Transfer pricing represents the assessment of the economic relationship between related parties.

It is based on international legislation where the basic legislative framework is laid down in the 2010 OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations as well as the requirements of the national legislation contained in the Income Tax Act.
In the case of a tax audit, the tax authority requires proof of “comparability” with market prices between independent parties, leading to the necessity of preparing transfer pricing documentation with the identification of a suitable valuation method for transactions between related parties.

We will take over the clients’ representation already at the tax audit stage, in the retirement proceedings, and we represent clients until the case is finally discharged in court within the administrative judiciary. Our tax team evaluates the tax burden, identifies risks, and consequently minimizes the total tax burden, with a view to maximizing benefits in domestic and foreign legislation.

In the framework of tax representation, we mainly provide the following services:
• filing of ordinary and extraordinary appeals against decisions of the tax administrator (tax levy, fines, penalty interest, etc.)
• registration procedures
• filing of appeals for the review of the legality of decisions by financial authorities (tax levy, fines, penalty interest, etc.)
• regular representation of the client, communication with the tax administrator as well as solution of operational and usual cases and confusion on behalf of the client on the basis of a power of attorney

Our work brings about new and creative types of transactions. The modern and sophisticated management of the tax agenda includes, above all, high level of expertise and constant care of the currently available information. We work closely with our clients to create and implement tax strategies to achieve results consistent with the risk profile and business objectives of each client. We help to understand the tax implications of the client so that their business can be taxed the most effective way. Our primary goal as tax consultants is to minimize the required tax burden for our clients.

In the Kreston Slovakia portfolio classical and extraordinary cases and projects that involve domestic and foreign operations and the formation of business groups have long been covered. Our standard services include:

• taxation of small and medium-sized enterprises
• processing of VAT, taxes on motor vehicles, transfer of profit on the basis of tax
• assessment of the eligibility of tax costs
• tax refund from other countries
• taxation of organizational units and permanent establishments
• transaction consulting and tax optimization of individual companies and companies in the group

The Kreston Slovakia services also include tax planning. The client receives all the information necessary for optimization solutions in the near future under applicable legislation, taxation in domestic and foreign legislation, assessment as well as identification of tax risks and overall minimization of tax burden. In addition to tracking the targets set by clients, the Kreston Slovakia can design a strategy in an effort to maximize benefits or at least minimize the damage that arose as a result of errors committed by the client in the past.

Tax planning particularly includes the following services:
• cooperation in auditing and pre-auditing, communication with the auditor
• national and transnational tax assignments
• identification of tax risks when entering foreign markets
• taxation, possible implementation models and their impact on more demanding investment
• sale (parts) of the enterprise

Transfer pricing represents the assessment of the economic relationship between related parties.

It is based on international legislation where the basic legislative framework is laid down in the 2010 OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations as well as the requirements of the national legislation contained in the Income Tax Act.
In the case of a tax audit, the tax authority requires proof of “comparability” with market prices between independent parties, leading to the necessity of preparing transfer pricing documentation with the identification of a suitable valuation method for transactions between related parties.

We will take over the clients’ representation already at the tax audit stage, in the retirement proceedings, and we represent clients until the case is finally discharged in court within the administrative judiciary. Our tax team evaluates the tax burden, identifies risks, and consequently minimizes the total tax burden, with a view to maximizing benefits in domestic and foreign legislation.

In the framework of tax representation, we mainly provide the following services:
• filing of ordinary and extraordinary appeals against decisions of the tax administrator (tax levy, fines, penalty interest, etc.)
• registration procedures
• filing of appeals for the review of the legality of decisions by financial authorities (tax levy, fines, penalty interest, etc.)
• regular representation of the client, communication with the tax administrator as well as solution of operational and usual cases and confusion on behalf of the client on the basis of a power of attorney

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