Capital allowances, contractor withholding, royalties and long-cycle contracts. The tax treatment these sectors get wrong and auditors most often have to unpick.
Construction and mining break most of the assumptions general tax training is built on. Contracts run for years, capital allowances are enormous, and royalties sit alongside income tax. You work through the treatments these sectors get wrong most often, and how to audit them without getting lost in the project accounting.
Outlines how construction and mining are taxed differently from general trade.
Applies allowance and depreciation rules to heavy plant and infrastructure.
Handles withholding tax across contractor and subcontractor chains.
Royalty calculation and mineral taxation arrangements.
Long-cycle contract accounting and its tax treatment.
Targets the disputes and risks auditors most often meet in these sectors.
Tax auditors and officers dealing with construction, mining, and extractive-industry taxpayers.
Prior tax audit experience. This assumes you know the general rules and want the sector-specific application.
Secure a seat for Auditing Construction and Extractive Sector Taxpayers, or ask us anything first.