Tax Audits and Investigations have been part of the tax compliance system for over a decade now, and whilst most taxpayers are aware that Tax Audits are perhaps inevitable, this by no means implies that all taxpayers are ready for the IRB's visits for tax audits. It is a subject matter that needs to be handled carefully as a badly managed tax audit can end up being expensive for taxpayers or even escalate into a tax investigation. 

This workshop will cover the following areas:

- The Tax Audit and Investigation Frameworks

- Relevant provisions of the Income Tax Act 1967 

- Salient points from the various Public Rulings issued by the IRB

- Practical aspects of Tax Audits and Investigations

- Sharing of experiences in Tax Audits and Investigations handled by the speaker

- Implications of Budget 2012 proposed amendments which seek to empower the DGIR with widespread powers

- Case studies