Individual tax interpretation – safeguard your tax decisions
The correct interpretation of tax laws in relation to specific, often multifaceted business situations can be a challenge. A valuable tool to secure your decisions is an individual tax interpretation.
What is an individual interpretation?
An individual interpretation is an official position of the tax authorities on how to apply the provisions of tax law to a specific situation presented by a taxpayer. Filing a request for an individual interpretation allows entrepreneurs to be sure of the correctness of decisions planned or already made. An individual interpretation is a guarantee that the actions taken or planned by the taxpayer are in accordance with the current state of the law. Sending a request for an individual interpretation is the first step to gaining certainty that planned business operations are fully legal and will not cause unforeseen tax consequences. Such a proactive approach avoids the risk of incurring higher than-anticipated costs that constitute tax liabilities.
Why are individual interpretations important?
Official confirmation of the taxpayer's position by way of a positive individual interpretation issued by the Director of National Tax Information (NIT) avoids uncertainty and potential disputes with tax authorities, protecting the company from the risk of sanctions. A request for an individual interpretation is also a certificate of good faith of the taxpayer. In addition to ensuring the stability and correctness of the position taken, an individual tax interpretation serves as a document to which entrepreneurs can refer in the future, providing a kind of “security” in relations with tax authorities. In the business environment and in situations requiring efficient action, having such a document can significantly speed up decision-making processes. In addition, it effectively eliminates the risk of misunderstandings and disputed positions, which could lead to lengthy and costly disputes with the tax administration.
Benefits of working with us
When you choose to cooperate with our team, you gain the support of experts with extensive knowledge and highly experience in interpreting tax laws. Our activities include comprehensive support for the submission of requests for individual interpretations, thorough examination of the unique aspects of each factual situation and representation of our clients' interests before the tax authorities. Our priority is to structure requests in a way that maximizes the likelihood of obtaining a response that confirms your understanding of the regulations, allowing you to carry out planned business activities without fear.
In cooperation with our clients, we have obtained dozens of positive individual interpretations in response to the applications we prepare. SWGK's professional support in the process of applying for an individual tax interpretation guarantees reliability and accuracy, which in turn increases the chances of obtaining positive resolutions. We make sure that each inquiry is precisely worded and fully reflects the individual circumstances of a given factual situation. Thanks to our experience, you can count not only on the tax authorities to say “yes”, but also on the long-term stability and security of the tax solutions applied.
In cooperation with our clients, we have obtained dozens of positive individual interpretations in response to the applications we prepare. SWGK's professional support in the process of applying for an individual tax interpretation guarantees reliability and accuracy, which in turn increases the chances of obtaining positive resolutions. We make sure that each inquiry is precisely worded and fully reflects the individual circumstances of a given factual situation. Thanks to our experience, you can count not only on the tax authorities to say “yes”, but also on the long-term stability and security of the tax solutions applied.