Maintaining Tax Records
Since 2004, when the division into single-entry and double-entry accounting was completed, we have used similar principles to single-entry tax accounting. Concerning tax records the law only prescribes their content not the form of processing. However, in the context of tax records a daily log of revenue and expenditure and registration cards is most often kept.
Maintaining of tax records by our accounting company reliably determines the tax base, summaries of revenue and expenditure, as well as an overview of the state of assets and liabilities affecting income tax.
