Tax Specialist

• Prepare quarterly Corporate Income Tax (CIT) provisional reports and the annual CIT finalization return
• Ensure proper calculation of deductible and non-deductible expenses in line with local tax regulations
• Calculate CIT provisions monthly for financial reporting purposes
• Identify and calculate deferred tax assets and liabilities
• Prepare and submit monthly Value-Added Tax (VAT) returns
• Ensure compliance with VAT regulations for different types of transactions (e.g., 0%, standard rate)
• Review VAT invoices to ensure they meet VAT requirements
• Handle adjustment minutes to comply with VAT invoice regulations and requirements.
• Respond to VAT-related inquiries from authorities
• Review service contracts with foreign vendors to determine FCT applicability
• Calculate and withhold appropriate Foreign Contractor Tax (FCT) rates (VAT and CIT components)
• File monthly FCT declarations and ensure timely payment to the tax authority
• Reconcile tax reports with accounting records to ensure accuracy and consistency.
• Work with SAP software to extract data for tax reporting and ensure proper tax configuration in the system.
• Track and ensure timely payment of all tax liabilities, avoiding penalties and interest.
• Provide tax advisory support to internal departments on transactions, contracts, or new business activities.