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

Review of Course

  • Recap of course content
  • Questions and answers

Who must attend

The following personnel will benefit from the course:

  • Executives
  • Tax Professionals/ Officers
  • Compliance Managers
  • Internal Audit Staff
  • Risk Officers
  • Operational Managers

Materials Provided

  • Course Material File and Hand-outs
  • Exercise Sheets and Activities

Participants will Get

  • Seminar Pack containing the information presented on the day
  • Fun Learning Activities
  • Certificate of Participation

Welcome Note

  • Introduction of trainers and training team
  • Participant introductions and Pre-evaluation