Tax Technology

Course

Distance

£ 2,120.65 + VAT

*Indicative price

Original amount in EUR:

2,480 €

Description

  • Type

    Course

  • Level

    Beginner

  • Methodology

    Distance Learning

  • Class hours

    40h

  • Duration

    Flexible

  • Start date

    Different dates available

  • Delivery of study materials

    Yes

In this toplevel course you will learn how to use technology to manage tax effectively and successfully, how to design and implement a Tax Technology plan and to streamline your tax workflows.

Facilities

Location

Start date

Distance Learning

Start date

Different dates availableEnrolment now open

About this course

In this top level distance learning course, the instructors explain the current Tax Technology strategies of tax authorities worldwide and prepare you for future challenges within the Tax Technology landscape. You will acquire in-depth knowledge and understanding of the technological aspects in the field of taxation and what the new tax professional will look like. The instructors educate Tax as well as IT professionals with the aim to reach a successful synergy between them when it comes to upcoming projects. They describe many cases involving the design and implementation of a Tax Technology plan, the project management that is required and how other MNEs deal with this transformation.

Tax Technology is developing at the speed of light and it is difficult to keep up with all the new developments in the market. The instructors of this high level Tax Technology course assist you in understanding the requirements for the design, selection and implementation of tax software for global and local purposes for both direct and indirect taxes. You will enhance your knowledge on the technical side by looking into the IT area of ERPs. The instructors all have extensive knowledge of and experience with the major Tax Technologies available and will help you make appropiate choices.

The Tax Technology course was developed for higher educationed individuals.

This Tax Technology course may qualify for CPE credits pursuant to the rules of many professional associations in many countries. Please check with your professional association(s) to determine eligibility in this respect.

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Subjects

  • Taxation
  • Technology
  • Tax
  • Finance
  • Compliance
  • IT
  • Data
  • Workflow
  • Audit
  • Taxpyer

Teachers and trainers (1)

Steef Huibregtse

Steef Huibregtse

Founding Member of TPA

Steef Huibregtse is the Founding Member of TPA. He is a member of the Business Advisory Group to the OECD’s Joint Working Group on Business Restructuring. Steef developed a Global Transfer Pricing Risk Management tool and developed a Global Benchmark Platform and was involved in more than 1.000 regional an global transfer pricing studies.

Course programme

LESSON I
Tax for IT
  • Which tax authorities worldwide are the most digitalized and which requirements are in place for MNEs?
  • Which digital trends are important in the world of taxation?
  • What is the focus of digitalization?
  • How to convert the information towards the needs of an MNE?
  • Universal Tax Audit file

LESSON II
IT for Tax

  • The Tax Technology heatmap
  • Upstream: how do tax authorities get your data?
  • Downstream: how do tax authorities handle your data?
  • Enterprise Resource Planning (ERP) and Business Intelligence (BI) systems: high level introduction
  • Selection of software
  • What software is available?
  • Criteria to select software

LESSON III
Tax Technology roadmap

  • Defining your priorities concerning automation
  • Tax Technology project: objectives
  • Organization and governance
  • Workflow selection
  • Output reverse engineering
  • Selection of functionalities
  • Project implementation
  • Case studies

LESSON IV
Tax Technology – soft skills and translation skills

  • Different professionals involved
  • Communication with boards
  • Communication with the finance department
  • Communication with the IT department
  • Project management

LESSON V
Data models

  • Types of data sources
  • Types of data models
  • Enterprise Resource Planning (ERP) and Business Intelligence (BI) as a base: the details
  • ERP plus modules: 1st and 2nd generation of Tax Technology

LESSON VI
Tax Technology – examples and cases

  • Today's practice
  • IT and Country-by-Country Reporting (CbCR)
  • Production calendar: overview with deadlines for the Local File, Master File, CbCR, CIT and TP forms
  • Case studies 3x3x3 model:
    • 3 regions (America's, EMEA, APAC)
    • 3 roles (contract service provider, lead service provider, service recipient)
    • 3 entities (headquarters, business units, shared service centers)

LESSON VII
Governance and organization of MNEs

  • Governance on tax workflows
  • Being in control
  • How to use RACI in the tax department
  • How to use RACI when allocating user rights in IT solutions

LESSON VIII
Taxpayers' rights

  • Formal rights aspects of real-time disclosure of tax data
  • Forms and disclosure process
  • Non-compliance on filings
  • Which types of algorithms are used by tax authorities?
  • What do tax authorities need to share with taxpayers (court cases)?

LESSON IX
The new tax professional

  • Changed roles of tax professionals
  • The impact of Tax Technology on in-house tax managers
  • The impact of Tax Technology on tax consultants
  • The impact of Tax Technology on tax authorities

LESSON X
Tax Technology trends for the next 2 years

  • How Artifical Intelligence (AI) and Blockchain will drive self-assessment by tax payers: generation 4?
  • How much more taxation will be based on intermediates
  • How 80% of all tax workflows will run on 'ERP on Tax' platforms and as a consequence convert tax into a subprocess of finance
  • How digital economy tax policy considerations will drive alternative ways of taxation

Additional information

https://www.imfacademy.com/partner/emagister/tax-technology.php

Tax Technology

£ 2,120.65 + VAT

*Indicative price

Original amount in EUR:

2,480 €