Technology is transforming tax compliance by enabling tax administrations to streamline operations, improve security, enhance analytics capabilities, and create a model with improved transparency and certainty. Large corporations will leverage tax data hubs and dedicated tax applications to manage obligations in a 'tax-ready format'. Tax administrations can leverage big data, analytics, and secure infrastructure to understand risk, ensure compliance, and build trust through proper data stewardship. Technology is key to powering the tax administration of the future.
Data Driven Tax Administration - new strategy for big data, BI and analytics ...Søren Ilsøe
Description of the new strategy at Danish Tax and Customs, SKAT - "A Data Driven Tax with the Customer in Focus", resulting in a new target architecture for big data, BI and analytics that has been used in a number of cases and projects since 2015
Jobs | Growth | Invest | Innovation
Charles Mok's policy address and budget proposals to Hong Kong SAR Government
Presentation to HK General Chamber of Commerce
Data Driven Tax Administration - new strategy for big data, BI and analytics ...Søren Ilsøe
Description of the new strategy at Danish Tax and Customs, SKAT - "A Data Driven Tax with the Customer in Focus", resulting in a new target architecture for big data, BI and analytics that has been used in a number of cases and projects since 2015
Jobs | Growth | Invest | Innovation
Charles Mok's policy address and budget proposals to Hong Kong SAR Government
Presentation to HK General Chamber of Commerce
Presentation from the OECD Roundtable on Equal Access to Justice, Latvia, 2018. For more information see: http://www.oecd.org/gov/equal-access-to-justice-oecd-expert-roundtable-latvia-2018.htm
SCG Chartered Accountants is a firm with one central mission –to provide value-driven results with you central to our thinking.We are partnered with Xero cloud accounting software. We’ll work with you on an ongoing basis to discuss the numbers and how acting on them can make a real difference.
www.scg.com.gh
Show&Tell Fast Forward Talk: Vincent Haines, HoneywellSandbox ATL
As part of the April 12, 2017 Show&Tell: Smart Cities/IoT event, we asked 3 people to each give a 5 minute talk on how the featured technology will impact our lives 3-5 years from now. One of them was Vincent Haines, an engineer from Honeywell’s software center here in midtown Atlanta. Vincent combines his software engineer skills with a degree in economics and years of marketing experience, including time working with the Boy Scouts of America.
Government Agencies are moving into the 21st century & cuttinng down on redundant processes, developing & implementing competent information technology that enhances performance.
Digital Government in Latvia "From cables to artificial intelligence, from in...Gatis Ozols
Presentation of the seminar in United Nations University Operating Unit on Policy-Driven Electronic Governance.
"From cables to artificial intelligence, from individualism to ecosystems: Digital Government in Latvia." 15.05.2018
Latvia is a compact and agile country of 2.9 million people, with two important natural resources – wood and innovation minded people – backed-up by a strong ICT capacity. Latvia is amongst the world leaders of internet speed and uptake of mobile internet, and features a rapidly growing ICT sector. Latvia has gone through times of enormous economic growth, making it one of the fastest developing economies in the EU. Apart from a period of ruthless austerity in 2008-2010, when GDP fell by a quarter, the time to grow has returned again. It is evident that every one of these phases have made a specific impact on government and e-Government development.
Digital government has been seen as a helpful instrument for recovery, growth, more efficient and effective government work and empowerment of citizens. It has been strategically applied to government efficiency, transparency, citizen participation and availability of public services, and now strategically positioned to expand national competitiveness. Currently, knowledge and information products and services play an important and increasing role in Latvia’s economy.
Show&Tell Fast Forward Talk: Colton Griffin, WMSightSandbox ATL
As part of the April 12, 2017 Show&Tell: Smart Cities/IoT event, we asked 3 people to each give a 5 minute talk on how the featured technology will impact our lives 3-5 years from now. One of them was Colton Griffin, CEO of WMsight. His company helps warehouses, distribution centers, and manufacturers better run their operations. A proud Tennessee Volunteer alum, Colton has cut his teeth with Manhattan Associates, Genuine Parts, and his prior startup, Agilitics.
2016.09.22 Exchange Summit. From 5% to 90% of e-Invoices in 1 year. Experienc...MiquelEstape
2016.09.22 Exchange Summit in Barcelona. From 5% to 90% of e-Invoices in 1 year. Experience in Catalonia
Miquel Estapé
Deputy Director - Strategy & Innovation
Open Goverment of Catalona
Pleased to share the copy of my presentation submitted at 41st World Continuous Auditing & Reporting Symposium held on Nov 9 & 10, 2017 in Huelva, Spain
Presentation from the OECD Roundtable on Equal Access to Justice, Latvia, 2018. For more information see: http://www.oecd.org/gov/equal-access-to-justice-oecd-expert-roundtable-latvia-2018.htm
SCG Chartered Accountants is a firm with one central mission –to provide value-driven results with you central to our thinking.We are partnered with Xero cloud accounting software. We’ll work with you on an ongoing basis to discuss the numbers and how acting on them can make a real difference.
www.scg.com.gh
Show&Tell Fast Forward Talk: Vincent Haines, HoneywellSandbox ATL
As part of the April 12, 2017 Show&Tell: Smart Cities/IoT event, we asked 3 people to each give a 5 minute talk on how the featured technology will impact our lives 3-5 years from now. One of them was Vincent Haines, an engineer from Honeywell’s software center here in midtown Atlanta. Vincent combines his software engineer skills with a degree in economics and years of marketing experience, including time working with the Boy Scouts of America.
Government Agencies are moving into the 21st century & cuttinng down on redundant processes, developing & implementing competent information technology that enhances performance.
Digital Government in Latvia "From cables to artificial intelligence, from in...Gatis Ozols
Presentation of the seminar in United Nations University Operating Unit on Policy-Driven Electronic Governance.
"From cables to artificial intelligence, from individualism to ecosystems: Digital Government in Latvia." 15.05.2018
Latvia is a compact and agile country of 2.9 million people, with two important natural resources – wood and innovation minded people – backed-up by a strong ICT capacity. Latvia is amongst the world leaders of internet speed and uptake of mobile internet, and features a rapidly growing ICT sector. Latvia has gone through times of enormous economic growth, making it one of the fastest developing economies in the EU. Apart from a period of ruthless austerity in 2008-2010, when GDP fell by a quarter, the time to grow has returned again. It is evident that every one of these phases have made a specific impact on government and e-Government development.
Digital government has been seen as a helpful instrument for recovery, growth, more efficient and effective government work and empowerment of citizens. It has been strategically applied to government efficiency, transparency, citizen participation and availability of public services, and now strategically positioned to expand national competitiveness. Currently, knowledge and information products and services play an important and increasing role in Latvia’s economy.
Show&Tell Fast Forward Talk: Colton Griffin, WMSightSandbox ATL
As part of the April 12, 2017 Show&Tell: Smart Cities/IoT event, we asked 3 people to each give a 5 minute talk on how the featured technology will impact our lives 3-5 years from now. One of them was Colton Griffin, CEO of WMsight. His company helps warehouses, distribution centers, and manufacturers better run their operations. A proud Tennessee Volunteer alum, Colton has cut his teeth with Manhattan Associates, Genuine Parts, and his prior startup, Agilitics.
2016.09.22 Exchange Summit. From 5% to 90% of e-Invoices in 1 year. Experienc...MiquelEstape
2016.09.22 Exchange Summit in Barcelona. From 5% to 90% of e-Invoices in 1 year. Experience in Catalonia
Miquel Estapé
Deputy Director - Strategy & Innovation
Open Goverment of Catalona
Pleased to share the copy of my presentation submitted at 41st World Continuous Auditing & Reporting Symposium held on Nov 9 & 10, 2017 in Huelva, Spain
Big data, data analytics and effective tax administration in nigeriaJoeBrands1
Overview of big data and data analytics
Tax justice in Nigeria and government tax revenue
Big data and effective tax administration
Taxpayers’ data and tax compliance level in Nigeria
Conclusion and Next steps
Claranet Research Report 2015 - Inovação TI na EuropaClaranet Portugal
Apresentamos o novo Claranet Research Report: 56 exaustivas páginas, onde cerca de 900 responsáveis de TI europeus, nos explicam como usam a tecnologia para inovar e como esperam usá-la no futuro.
Faça o download gratuito e descubra:
- Quais são os países que mais inovam na Europa;
- Como interagem os seus departamentos TI com o resto do negócio;
- Qual a opinião dos actuais líderes de TI, sobre os seus fornecedores de serviços.
Saiba mais em http://www.claranet.pt/claranet-research-report-2015.html
Why Longview Tax Data Platform?
- Enterprise software to gather and store all of your tax data
- Longview Integration Suite
- Web data collection for data and documents
- Foreign currency translation
- Rollup and consolidation over multiple years
- Multidimensional database
- Complex modeling/apply Business Intelligence (BI) to data
- Dynamic reporting
- Configurable dashboards with Microsoft SharePoint
integration
National Tax Gap Minimization and Digital Transformation Solutions for Improved Tax Administration.
Modern TaxTech Solutions For Tax Gaps Reduction and Improved Tax Administration.
Tax gap minimization.
Increased tax revenue collection.
Decreased costs of tax administration.
info@digitaltaxtech.com www.taxtech.digital
Partnering with global tax consultants and top technology providers allows us to provide end-to-end digital tax transformation solutions that are nonintrusive and compatible with existing tax systems and business processes.
Our proven digital tax administration solutions cover the entire fiscal data lifecycle for large and complex national digital transformation projects. We use flexible technology stack enabling easy integration with legacy and third-party systems.
Our team of international experts has experience and knowledge gained from implementation of many nationwide digital transformation projects for tax administrations in various European, CIS, Middle East and African countries.
Implementation of our Digital Tax Administration Solutions can increase VAT collection up to 150%, excise collection up to 700% and move millions of self-employed out of shadows.
The difference between the revenue potential (legal) and the actual revenue collected is the “Tax Gap“.
Sources of the tax gap:
- tax evasion
- tax avoidance due to benefits
- established by law (legal tax gap)
Presentation given by P K Patra, Additional Commissioner of Commercial Taxes, Commercial Tax Department, Government of Orissa on August 3rd, 2011 at eWorld Forum (www.eworldforum.net) in the session ICT in Financial Inclusion, Taxation, Excise and Finance
This webinar explored the challenges of implementing new IT systems and present experiences from four countries: Nigeria, Uganda, Cote d’Ivoire, and Benin. The discussion, featuring researchers and tax officials, explored various tools and strategies for improving reform outcomes.
Digital transformation driving operational excellence
PwC Vertex Moscow deck ver3
1. www.pwc.nl
Technology and tax compliance
How technology is shaping
the Tax Administration of the Future
Eelco van der Enden, PwC
Michael Roytman, Vertex Inc.
Second Workshop of the OECD FTA
E-services and Digital Delivery Project group
Moscow, 18-19 November 2015
2. PwC and Vertex Inc.
Today’s Agenda
E-services and Digital Delivery Workshop 18-19 November 2015
Pull out of an important
statistic goes in this area
20pt Georgia (white)
2
Slide
Introduction 3
The future state ecosystem at taxpayers 4
Tax Administration Framework 5
Tax Administrations Technology Infrastructure 6
Conclusion 10
3. PwC and Vertex Inc.
Introduction
Technology is enabling tax administrations to:
streamline operations,
improve security,
enhance analytics capabilities, and
create a model where tax administrations get the
transparency they desire in exchange for giving
multinationals the certainty they need.
In many jurisdictions, new technology promises the
opportunity to quickly implement this model.
3
Technology is a big driver in how tax
administrations play in the changing
compliance landscape and in improving
relationships between tax
administrations and taxpayers
E-services and Digital Delivery Workshop 18-19 November 2015
4. PwC and Vertex Inc.
The future state ecosystem at taxpayers
4
Tax Finance Third parties
Key
deliverables
Business intelligence
and analytics
Tax data hub
Tax
applications
Tax
sensitization
Tax data
management
Tax data
mappings
Enterprise
systems
Document management
Process management
and workflow CalendarData collection
Tax operations management
Data • The majority of Tax functions will receive all information in a ‘tax-ready format’ from either their enterprise-wide financial
systems or a dedicated tax data hub.
• Dedicated tax data hubs will become mainstream and be developed internally, licensed from a third-party vendor, and/or
accessed through an accounting firm as part of a co-sourcing arrangement.
• Data security will be high on the agenda of Tax functions due to concerns over confidential information being inadvertently
released or shared publicly.
Process • Most global tax preparatory compliance and reporting activities, including data collection and reconciliations, will be performed
within the company’s shared service center or will be co-sourced with a third party.
• Tax functions will use real-time collaboration tools to automate their workflow, document management, calendaring, and
internal controls. Rely on professional data analysis tools to assist in the decision-making process
E-services and Digital Delivery Workshop 18-19 November 2015
5. PwC and Vertex Inc.
Tax Administration Framework
5
Technology is essential to modernise tax administration, but yet is a tool which
needs to be backed up with a strategy, objective setting, sound tax policy,
proper infrastructure and competent staff.
E-services and Digital Delivery Workshop 18-19 November 2015
6. PwC and Vertex Inc.
Tax Technology Infrastructure
6
In technology-savvy environment tax administrations are leveraging on real-time collaboration
and data analysis tools to fully automate compliance processes and assist in the decision-
making for risk assessment, projections and audit planning and overall administration support.
E-services and Digital Delivery Workshop 18-19 November 2015
7. PwC and Vertex Inc.
Tax Technology Infrastructure
Tax Reporting and Collection
7
• Compliance and regulatory reporting (including country-by-country reporting)
• Total Tax Contribution
• Electronic registration
• Digital invoicing / e-accounting
• Electronic filing of tax returns / use of prefilled returns
• e-payment of taxes, online applications
• Data capture from 3rd
parties
• Prescribed ERP systems
Deliver secure and seamless
flow of tax information and
payments
Tax is a by-product of all daily
business transactions
E-services and Digital Delivery Workshop 18-19 November 2015
8. PwC and Vertex Inc.
Tax Technology Infrastructure
Big Data and Analytics
8
• Unlimited storage of the original, unaltered information
• Analysis across multiple periods, taxpayers and tax domains
• Predictive analytics and simulations
• Risk profiling and scenarios-based calculations
Increases ability to understand
historical activity and
taxpayer behavior/ risk profile
E-services and Digital Delivery Workshop 18-19 November 2015
9. PwC and Vertex Inc.
Tax Technology Infrastructure
System Security and Confidentiality of Taxpayer’s Data
9
• Definition, management and enforcement of roles and permissions
• User authentication, authorization, provision
• Information encryption and network monitoring
• Incident reporting and response
Provides the foundation for
trust building by proper
stewardship of information
E-services and Digital Delivery Workshop 18-19 November 2015
10. PwC and Vertex Inc.
Conclusion
10
Technology is a big driver in changing
compliance landscape and relationships
between tax administrations and
taxpayers
E-services and Digital Delivery Workshop 18-19 November 2015
Technology drivers today are transforming the way
large corporations are able to leverage data to
manage their tax obligations. These same
technologies will allow Tax Administrations to keep
pace, assess risk and ensure that compliance is
realized.
A secure and interoperable infrastructure, robust
data management, and proactive analytics provide
the visibility required to achieve this mission.
Technology is the key
enabler for the Tax
Administration of the
future to communicate,
govern and manage tax
compliance.