Description
Tax advisors use their expertise in tax legislation to provide commercially-focused advisory and consultancy services to a wide range of clients from all economic sectors. They explain complicated tax-related legislation to their clients and assist them in ensuring the most efficient and beneficial payment of taxes by devising tax-efficient strategies. They also inform them of fiscal changes and developments and may specialise in tax strategies concerning mergers or multinational reconstruction for business clients, trust and estate taxes for individual clients etc.
EssentialOptional
Theoretical Knowledge
value-added tax lawtax legislationfraud detectionaccounting entriescivil lawnational generally accepted accounting principlesbusiness management principlescadastral taxationlegal terminologyinternational financial reporting standardscommercial lawinternational taxation of transfer priceslegal department processes
Practical Skills
prepare tax returns formsprepare financial statementscalculate taxsign income tax returnsinspect taxation documentssecure sensitive customer's informationadvise on tax planningadvise on tax policyinspect tax returnsinterpret financial statementsresearch taxation proceduresobserve confidentialityinform on fiscal dutiesdisseminate information on tax legislationmanage personal financesuse consulting techniquesprepare financial auditing reportsadvise on efficiency improvementsmanage payroll reportsconduct financial auditsadvise on financial mattersnegotiate in legal casesdevelop taxation policiescollect taxprovide legal adviceadvise on legal decisionsmake strategic business decisionscheck official documentscompile legal documents