C&K Law Offices advised an individual who received a request from the tax authorities for an explanation of financial transactions and fund movements, and prepared a written explanation organizing the relevant facts and supporting documents.

The key issue was to explain, based on objective materials, whether the client’s overseas business had actually been conducted on an ongoing basis, and the background and purpose of multiple financial transactions. Accordingly, the facts were organized by distinguishing the fund flow and purpose of each transaction, focusing on whether the related contract documents and financial records were consistent with each other.

C&K Law Offices cross-checked the relevant materials, including financial transaction records, contracts and emails, to specify the background and use of each transaction. The explanation was structured around objectively verifiable materials, such as the paths of fund movements and the actual receipt records. Materials relating to the overseas business were also organized so that the connection between the transactions and the business activities was clearly shown. Through this, C&K Law Offices organized the facts and supporting evidence so that the tax authorities could specifically confirm the substance of each transaction and the background of the fund movements, and proposed a response strategy for the explanation process.

C&K Law Offices provides legal advice on tax explanation procedures, organizing financial transactions and fund flows on the basis of objective supporting documents and responding systematically to requests from the tax authorities.