During the monitoring of large taxpayers, the authorized body has the right to require taxpayers subject to monitoring of large taxpayers to submit documents and written explanations confirming the correctness of the calculation of taxes and the timely tax payment (withholding and transfer) and budget payments, as well as the financial statements of the taxpayer (tax agent), including the financial statements of its subsidiaries.
Meanwhile, this requirement must be fulfilled by taxpayers subject to monitoring of large taxpayers within thirty calendar days from the day following the day of the claim delivery.
In case of violations and discrepancies based on the results of monitoring of large taxpayers, the authorized body notifies the taxpayer subject to monitoring of large taxpayers of them.
Meanwhile, a taxpayer subject to monitoring of large taxpayers is obliged to submit a written explanation within fifteen calendar days from the day following the day of such notification delivery.
In case of disagreement with the provided explanation, the authorized body has right to invite such a taxpayer, subject to monitoring of large taxpayers, to discuss the issues that have arisen with the submission of additional documents and explanations.
Based on the results of the monitoring results review, the authorized body makes a reasoned decision in writing, which is sent within two working days from the date of its issuance to the taxpayer subject to monitoring of large taxpayers.
A taxpayer subject to the monitoring of large taxpayers shall submit a notice of consent to the decision within five calendar days from the date of its receipt