- Services
- Accounting and Tax automation
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InvoiceProxy
Seamlessly switch from paper to electronic
We offer you the experience of fully data-driven electronic invoicing, with the security of the infrastructure provided by the National Tax and Customs Administration (NAV).
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TaxConsole
Automate your Invoices with TaxConsole
Our TaxConsole application allows access to NAV’s digital services directly from your computer.
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- Accounting and Tax automation
Why choose our Tax due diligence service?
The aim of our tax due diligence service is to identify the risks and possibly untapped opportunities in the tax processes of a company or group of companies.
Special areas of our Tax due diligence service
The exact purpose, scope and depth of the due diligence always depends on what the client intends to use it for:
- The acquisition of a company or a group of companies: The purpose of the due diligence is to identify the tax risks inherent in the activities of the company or companies to be acquired and the significant tax liabilities that may arise following the acquisition of a business share in the company, the effects of which should be taken into account by the buyer in the context of the acquisition. Based on the findings of the due diligence, the buyer can decide whether to maintain its intention to purchase the business share and, if so, whether to change the terms of the business acquisition (reduction of the purchase price, requiring guarantees, etc.). Following the due diligence, tax planning for the period after the acquisition is also possible.
- The sale of a company or group of companies: The purpose of the due diligence is to identify the tax risks inherent in the operation of the company or companies being sold, the tax advantages that may be realised in the future, as well as to provide a comprehensive picture of the tax position of the company or companies, so that the seller can negotiate the sale of the business in possession of this information. Following the due diligence, it is also possible to correct erroneous practices and submit self-audits, thus putting the seller in a more favourable position during the negotiations.
- Obtaining financing: Financial institutions often require a tax due diligence as a condition for granting a loan, in order to identify possible tax risks and to convince themselves of the borrower’s long-term ability to repay the loan.
- Group restructuring: A tax due diligence carried out prior to the restructuring of a group of companies with a view to optimising its operations, in addition to identifying risks, places greater emphasis on identifying the tax positions of the group members. This is done with a view to identifying tax savings opportunities and the tax implications of the planned restructuring (merger, amalgamation, spin-off, transfer of business line, etc.).
- Tax optimisation: The aim of the due diligence is to identify tax savings potentials in the business processes of the company or group of companies (e.g. the use of tax benefits) in order to develop tax optimisation proposals in the context of a tax planning exercise.
- Expected tax audit: Again, the aim of the due diligence is to identify tax risks in order to correct possible errors before the tax authorities start their official audit, and thus avoiding tax penalties.
