Since the start of the year, companies can perform an audit to ensure their tax compliance.
As part of the ESSOC law of 2018, the Ministry in charge of Public Accounts created a tax compliance review for companies. A decree published on January 13, 2021 specified the terms of this system. This examination allows companies to submit to an audit carried out by figures, consulting and auditing professionals to verify their tax compliance. Thus, it can be carried out by a chartered accountant, an auditor, a lawyer or even an approved management body.
All companies can benefit from this review regardless of their size, industry, tax regime or turnover. The examination consists of analyzing ten tax points: accounting quality of the accounting records, accrued charges and VAT, certification of cash register software, compliance with the rules on depreciation, conservation of documents, etc. At the end of the audit, a report is drawn up inviting the audited companies to comply on the failing points. The examination period is also specified.
This review aims to avoid the risk of tax adjustment by helping businesses become compliant. According to Bercy, in the event of a tax audit leading to a tax reminder on a point validated by the professional who carried out the audit, the company may request a reimbursement of the part of the fees incurred for this point. In addition, no penalty or late interest will be charged by the DGFIP if the company has implemented the recommendations of its service provider.
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