Proper compliance with tax obligations, without dying in the attempt, is a battle horse for many organizations, since it involves a significant management effort and requires constant updating in tax matters to know all the tax regulations that may affect the company.
Companies have to keep tax risk under control for different reasons, highlighting, due to its importance, the avoidance of liabilities being derived to the company’s directors for not applying due diligence. The Law on Capital Companies establishes as one of the non-delegable powers of the administrative bodies the determination of the policy of control and risk management, including tax risks.
