Tax inspections are carried out by tax inspectors and other authorised examiners. Assessments and penalties may be issued based on the resulting reports; the taxpayer may apply for settlement or go to court.
In preparing for an inspection, orderly documentation, transfer pricing documentation and consistency with prior periods are decisive.
Source: Tax Procedure Law No. 213 Art. 134
Related terms
Tax settlementAn administrative route enabling the taxpayer and the tax administration to reach agreement on assessed taxes and penalties before litigation.Tax loss penaltyA penalty imposed when tax is under-assessed because the taxpayer failed to fulfil tax obligations on time or fulfilled them incompletely.Transfer pricingThe pricing of goods, services and financing transactions between related persons; tax legislation requires these prices to be at arm's length.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Arm's length principleThe principle that transactions between related persons should be carried out at the prices and on the terms that would apply between independent parties with no such relationship.Capital gainGains of individuals from disposing of certain assets and rights that are subject to income tax.
Last updated: October 22, 2026 · This definition is for general information only.