S.C. X S.R.L., has as object of activity “Construction works of residential and non-residential buildings”, CAEN code 4120.
Period covered: 30.10.2020-31.07.2023.
The main findings of the tax inspection authorities were:
– Incorrect calculation and failure to declare the full amount of corporation tax payable to the tax authorities;
– non-acceptance for deduction of travel expenses of some employees for which the company did not submit supporting documents (travel orders, receipts, tax receipts, invoices, etc.) showing the persons who made the trip, the location where they were accommodated, the date of departure and the date of arrival,
– the non-admission for deduction of expenses for consumables and related value added tax for which the company did not provide supporting documents,
– failure to enter in the accounts all invoices issued during the period to which they relate;
– the unduly reversal by the audited company of value added tax in September 2021;
– the correct determination of the VAT payable for the period to which it relates;
– erroneous declaration of value added tax to the tax authority.
Thus, as a result of the tax inspection carried out, an additional amount of x lei was established, representing:
– Corporation tax x lei;
– VAT x lei.
Source: ANAF