7 Kazanskaya str., office 8, Saint Petersburg, 191186, Russia
tel.: +7 (812) 425-35-55, fax: +7 (812) 648-12-36
email: office@iusland.ru
Project pro bono. A successful appeal at the higher tax authority of a decision for additional personal income tax assessment.
А client bought a car on credit. Due to the vehicle complete destruction, the insurance company paid compensation to a bank as a beneficiary. The bank deducted a sum of unpaid loan from the compensation amount, and transferred the remaining money to the client. The tax authority considered the money, paid by the bank is a taxable income. As a result of contesting tax authority decision all the additional charges have been cancelled.