Tax Advisory

Tax Due Diligence

Tax Due Diligence

Tax risks hidden in day-to-day operations often surface only during a tax audit – by which time it may be too late. Preventive tax due diligence aims to uncover errors and gaps before an audit begins, so you can correct them in time and avoid penalties.

Why commission a tax due diligence?

There is no safety in “waiting out” the statute of limitations in taxation: the Hungarian Tax Authority (NAV) audits over 60% of businesses at least once every five years. Because the statutory limitation period often exceeds five years, most companies should expect their tax years to be reviewed retroactively.

Our specialists bring years of experience in tax audits and inspections, so they know what auditors focus on. During a tax due diligence, we identify issues that may remain invisible in daily operations – yet can later lead to severe sanctions.

What happens in a preventive tax review?

The goal is to surface tax-related risks and deficiencies that could cause problems in a potential NAV audit. As part of the review, we:

  • Hold a preliminary consultation with the company’s finance and accounting lead
  • Define the scope and focus of the review (e.g., ÁFA (VAT) , TAO (Corporate Income Tax), transfer pricing, employment-related taxes)
  • Analyse general ledger extracts and detailed subledgers
  • Review recent years’ tax returns (e.g., TAO, ÁFA, SZJA (Personal Income Tax), HIPA (Local Business Tax)
  • Highlight risk areas
  • Provide remediation recommendations: how to correct findings via self-revision or other methods
  • Where needed, perform the self-revisions on your behalf

Entrust your tax affairs to us – so you can stay focused on your business.

Why Central Audit?

We don’t just identify issues – we deliver solutions. Our tax advisors work as collaborative partners to your finance leadership: we don’t stop at giving advice, we guide you through the entire process.

At Central Audit, client satisfaction is our foremost priority. We design our services to create the greatest possible added value for each client.

Business focus

Audit & Assurance
Accounting Advisory
Financial Due Diligence
Company Valuation
Tax Advisory
Transfer Pricing
documentation

Special certifications

IFRS Certification
Investment Firm
Financial Institutions
Pension Fund
Sustainability
Public Interest Entities

Industry focus

Automotive Industry
Commerce
Production & Manufacturing
Real Estate Management
Not-for-profit Organizations
Services
Financial Enterprises