Tax Strategy Alignment for Tax Regulatory Authorities

We have developed a practical based course on Tax Strategy Alignment for Tax Regulatory Authorities that highlights international best practices to tax administration/ collection with an effective learning environment.

This course will give you the best opportunity to be able to transfer their newly acquired knowledge and skills into the workplace.

All the models and scenarios are designed and delivered from a tax perspective ensuring that participants are able to fully relate to the material and thus increasing their understanding and knowledge retention.

The modules are specifically designed and tailored the Model for your organization.

Our complete approach to tax management brings together tax function design, technology and compliance delivery; setting a strategy which flexes to meet the changing needs/ challenges and putting in the place the right people, processes and systems to enable them to deliver more with less.

Making sound tax decisions as businesses change their commercial and operational models in a disrupted world is challenging.

The Model outlines is developed through the following phases:

Introductions and Agenda
Overview
Aligning Tax Strategy to drive Results
Setting Strategic Direction
Information and Technology
Structure and Organization
Talent and People
Essential Data Analysis
Intelligence Analysis
Clear Communication

Course contents

Introductions and Agenda

Health and safety (evacuation procedure)
Facilitator introduction
Participant introductions
Seminar agenda

Course Overview

What concentrated in tax-strategy
Catalyst – Strategist – Steward – Operator
Framework for understanding tax strategy and financing decisions
Database Management in Tax
Process Documentation and Strategy
Visual Analytics in Tax
How to enhance the value and quality of the information provided to decision makers

Aligning Tax Strategy to drive Results

The changing face of tax in organizations
Adapted changed tax operating model (e.g., resourcing, tax technologies, risk management) to drive results
Tax as escalated priority and area of focus
Public Private Partnership Role in evolved tax collection strategy
Case studies: How tax administrators evolve to set their strategic alignment to drive results

Setting Strategic Direction

How does the tax department lead in the rest of the organization in terms of tax cost and tax risk?
How to operate of a tax department that effectively delivers value while managing risks
Case studies: How tax administrators evolve to set their strategic direction

Information and Technology

Data architecture integration with little automation
Use common applications with reduced manual entry and adjustments
Reconciliation and financial analysis processes execution
Able to rely upon integrated and automated information

Clear Communication

Setting up communication strategy
Case study: Tax Strategy objectives aligned with benchmarks
Case study: measure progress against goals

Structure and Organization

Define Processes and communicate
Integrate: assigned to owners across the departments
Centralized and cost effective
High synergy/ coordination between different units/ department
Effective communication and coordination between business units
Errors traceable to an owner
Policies and procedures Integration, automation and accuracy

Talent and People

Talent acquisition strategy and continuously training
Resources are deployed appropriately according to skills and needs
Focused on data analysis
Proactive key decision makers
Highly specialized and deployed appropriately

Essential Data Analysis

An overview of statistics applied in organizations
Microsoft® Excel® and some key tools
Evidence/fact driven analysis
Working With Decision Variables and Optimizing Solutions
Analytical Tools – Sensitivity analysis – Tornado diagrams – Cause and effect analysis
Exercise – Self assessment of current practices and development opportunities

Intelligence Analysis

Understanding the Principles of intelligence analysis
Techniques for managing collection and the passage of data between organizations
Comprehension of the various stages of the analytical process from collation, through evaluation, analysis and integration to the production of an assessment
The use of analytical software, statistical analysis, temporal, geospatial and link analysis techniques