Tax policy has a great influence on the choices of companies. The tax expert is a lawyer specializing in tax matters. It helps businesses make the best choices in order to pay as little tax as possible while remaining within the legal framework. The function of tax advisor can be exercised in specialized firms or in large companies and large industrial groups. Choosing the best tax preparer is important here.
Missions of the profession: Tax expert
The goal of a tax professional is that his business or his clients pay as little tax as possible, because taxes are a waste of money. They should therefore be reduced as much as possible. It is for this purpose that the tax lawyer must:
Find the best tax option
It is about choosing the tax system best suited to the needs of each of its clients. The most suitable tax system is that which will allow taxes to be reduced as much as possible without risking a tax adjustment.
Advising clients on tax matters
Tax legislation changes very quickly and it is necessary to consult a professional to ensure that you have all the knowledge on the subject. The tax specialist must know all the developments in his field of activity. Monitor legal activity. The tax specialist must know the tax laws and follow their evolution. He must keep his documentation up to date. From taxfyle you can have the best deal.
Defend the interests of its clients
In the event of judicial review, he will have to justify and defend the company’s choices in tax matters so that his client or his company does not suffer from receivership.
The tax specialist is also a guarantor. Its expertise in tax matters must ensure that the company complies with the laws and procedures with the public authorities.
What are the qualities required to become a Tax Expert?
The main quality of a lawyer specializing in tax law is to like and know how to handle figures as well as accounting techniques. Like all jobs that involve handling large numbers, rigor is required, no approximation is tolerated, as the implications can be disastrous for the client.
In addition, the tax expert must have a double competence; legal and financial. Above all, he must know the various existing company statutes and their implications. He must also know everything about the tax declaration.
A good tax expert is also a good diplomat
If he works in a company, maintaining a good relationship with his colleagues is useful, as he often deals with other departments such as human resources for example. Being comfortable both orally and in writing is an advantage.
Another advantage is that you can speak and write English so that you can compare different tax regimes. In addition, it is mainly large companies such as multinationals that need advice on tax matters, exchanges are carried out exclusively in English. Finally, the tax expert is respectful of the law. The temptation of fraud can be powerful, an irreproachable morality must therefore accompany the tax expert in his decisions throughout his career.