Amid global tax reform and emerging technology development, tax authorities worldwide invest massive amount of resources and adopt technology to conduct tax investigation with big data analytics. The fabric of the tax function is changing disruptively. Tax Technology Team in KPMG Taiwan can help enterprises and Chief Tax Officers to design tax strategies and target operating models under the concept of “Tax Reimagined” framework, along with technology, transformation of tax functions and tax compliance capabilities. Enterprises and Chief Tax Officers would benefit greatly from the framework to respond rapidly to tax revolution, optimize tax management process, improve compliance efficiency, ensure the data accuracy, identify potential tax risks, and turn tax data into value-added business insight through technology solutions.
Tax Reimagined
1. As-is Analysis and Business Roadmap Design
- Build the vision for tax functions
- Analyze and evaluate current operating process
- Design the roadmap for tax functions to meet the business needs
- Propose business value analysis, project time frame and communication plan
2. Tax functions transformation and resource allocation
- Optimize business process and choose applicable technology solutions
- Change management and risk management
3. Project execution and solution implementation
- Transform tax management and compliance process
- Automate tax compliance process by adopting technology solutions
4. Management by objectives and continuous improvement
- Use data analysis techniques to identify risks and opportunities
- Ensure the results meet the expectations of Board of Directors and authorities
- Continuously watch and evaluate market trend, business opportunities, and tax compliance requirements
We provide the following services
- Tax compliance system design suggestion and business process optimization
- Tax e-Filing support and tax e-Filing file conversion
- Transformation of tax functions and tax technology solution advisory and deployment
- Tax data value analytics and preparation of business analysis reports
