On February 19, the Second Tax Risk Management Conference was held, where experts shared the latest legislative changes in the tax sphere.

Ivan Tsvetkov, Head of Tax Compliance practice area, told at the event how to implement the tax compliance procedure into the company's risk management system, what tasks it should fulfill and what tools will make the procedure faster and more effective.

In addition, the expert shared his recommendations on what evidence should be collected as part of the interaction with the counterparty.

In an interview for CFO Russia, Ivan Tsvetkov answered the following questions: why companies need to implement compliance systems, what risks they protect businesses from, and why it is so important for organizations to prepare for tax audits in advance.