Control & Comply refers to the framework, structure, policies, and procedures that an organization implements to manage its tax-related activities effectively. It involves setting up systems to ensure compliance with tax laws and regulations as well as internal policies, etc. Overall, tax governance and tax process controls are essential components of a robust tax management framework, helping organizations fulfill their tax obligations, manage tax risks and tax outcomes while maintaining compliance and transparency.
- Governance models and framework
- Tax Incident Management and reporting
- Tax Risk Management and policies
- Process controls
- Tax Control Framework
- Reporting requirements (e-invoicing, ERP, etc.)
- Audit Management models and policies
- Technology including vendor selection and implementation
- Tax strategy and policy for organizing a tax function
- Operational tax (outsourcing, Shared Service Center, etc.)
- Tax transparency