Expert Strategies to Accelerate Tax Refunds & Minimize Audits

Forvis Mazars Thailand, a leading firm in audit, tax, and advisory services, is helping businesses in Thailand handle tax audits more smoothly. The firm notes that when a company asks for a tax refund, it often leads to a full audit by the Thai Revenue Department. For this reason, Forvis Mazars helps its clients get ready for these inspections with proper documentation, professional communication, and smart planning.
 

Tax audits, whether for corporate income tax, withholding tax, or value-added tax, can be complicated and take a lot of time. Even companies that aren't seeking a refund might be audited if their tax reports show inconsistencies or if their income and expenses change unexpectedly.

According to Vachirawit Kaew-udom, a director at Forvis Mazars Thailand, the process doesn't have to be difficult. "When businesses understand their tax situation, prepare documents thoroughly, and cooperate with officials, they can greatly reduce audit times and get better results," he said.

The firm recommends a proactive approach to tax refunds. Businesses should have a clear understanding of their finances and be ready to communicate confidently with tax officers. It's also critical to have all necessary documents well-organized and available to avoid delays.

Building a respectful and professional relationship with tax authorities is also key. By responding promptly to requests and following up regularly, businesses can improve their audit experience. Forvis Mazars also advises companies to be realistic and avoid fighting every point, especially if mistakes are clear. Hiring a professional tax advisor is highly recommended, as their expertise can help navigate complex rules and speed up the refund process.

Forvis Mazars Thailand offers customized tax services to assist businesses from start to finish—from initial risk checks to handling negotiations. The firm's deep knowledge of Thai tax laws helps companies achieve fast and compliant outcomes.