Tax advisor

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Tax advisors or tax consultants are people with advanced training and knowledge of tax law. Tax advisory services are typically maintained to minimize taxation while still complying with laws in complex financial situations. Tax Advisors are also retained to represent clients before tax authorities and tax courts to resolve tax issues.

Video Tax advisor

World

Austria

In Austria, Steuerberater is a professional license for tax advisors.

German

In Germany, Steuerberater is a professional license for tax advisors.

Italy

In Italy, tax advisors are called commercialisti , and provide assistance in the areas of business management, business law, economics, finance, taxation, accounting, commercial, corporate and administration. Dottori commercialisti , which has a degree in economics, and ragionieri commercialisti , which has a diploma from istituto tecnico economico , is a member of two different. but they were combined together in 2008 and it is now impossible to become a commercialista without laurea magistrale. Esperti contabili , whose role is similar to commercialista , must have laurea , a first degree cycle equivalent to a bachelor's degree. Under Italian law, the following activities are some of the roles of commercialista

the administration and liquidation of firms and assets;

surveys and technical advice;

administrative checks and reviews;

verification and investigation regarding the reliability of financial statements, accounts and company records.

Japanese

In Japan, there is a special license for a tax advisor called certified public tax accountant ( ??? , < i> zeirishi ) . To obtain this qualification, a person must pass a special state exam, or already qualify as a lawyer or a certified public accountant.

South Korea

In South Korea, there is a special license for tax advisors called certified tax accountants . To get this qualification, someone must pass a special exam.

United Kingdom

In the UK, guidelines on professional conduct in relation to taxation are published in conjunction with the Chartered Institute of Taxation, the Association of Taxation Technicians, the Indirect Taxation Institute, the Chartered Accounting Institute in England and Wales, the Chartered Institute of Chartered Accountants and the Chartered Certified Accountant Association. It is prepared for the assistance of members of various good associations in general in dealing with clients and tax authorities and especially in relation to irregularities and errors.

The guidelines, which include practical advice on various legal and ethical issues, are summarized as:

• A member's primary job is to ensure that his actions are in accordance with the law. He owes a contractual obligation to the client to act for him with the required level of skill and care, and the contractual relationship must be governed by the agreement. The member also has duties to the tax authorities, especially legal compliance and an honest presentation â € <â €
• It is the taxpayer's responsibility to ensure that the returns made to the tax authorities are correct and complete. It is for members to help him decide the extent and manner of disclosure of facts in relation to his tax affairs.
• When a member finds out that irregularities occur in relation to the client's tax affairs, he should notify the client of the consequences, and how to disclose them. If necessary, appropriate specialist advice should be taken.
• If a client refuses to follow a member's suggestion related to a matter involving disclosure, the member should consider whether he should continue to act. If necessary, specialist advice should be taken.
• If an error is made by the tax authority, there may be a need, and in some cases, obligations, on the part of the client and sometimes members, to solve the problem correctly.
• Members may have mandatory disclosure duties where they have suspicions of criminal activity.
• When requesting information about a client's affairs by another advisor, a member must ensure that he has the authority of his client before making any disclosure.

United States

In the United States, paid taxpayers are regulated but not authorized by the United States Department of Finance's Internal Revenue Service. There is a penalty for failure to disclose the identity of the authors on the return, due to failure to grant taxpayers a copy of the return, and for negligence in preparing for the return.

Practice before the Internal Revenue Service is governed by the Treasury Department Circular No. 230 , Regulations Governing Lawyers' Practices, Certified Public Accountants, Registered Agents, Registered Actuaries, and Valuers before the Internal Revenue Service Most practices are limited to lawyers, Certified Public Accountants (CPAs), registered agents , and a registered actuary. The provision of tax advice is also governed by Circular 230.

Failure to enforce these standards may result in disciplinary action ranging from reprimands to the permanent split from practice.

In the United States, the term "tax professionals" is a general term describing various professions including registered agents, Certified Public Accountants (CPA), financial planners, accountants, tax compilers, and some lawyers.

In the United States, by far the largest segment of tax professionals is the individual tax maker.

• 31 U.S.C. Ã,§ 330
• 5 U.S.C. Ã,§ 500.

Maps Tax advisor

See also

• Tax evasion
• Tax evasion
• Taxation in Germany
• The dutiful Taxpayer Company

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References

src: www.consolid8.com.au

External links

• AICPA - American Institute of Certified Public Accountants
• ATT - Tax Technicians Association (UK)
• CIOT - Chartered Institute of Taxation (UK)
• ITI - Irish Tax Institution (IE)

Source of the article : Wikipedia