Table of Content
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Philosophy behind the GITM initiative – Richard H. Cornelisse
The objective of the GITM initiative is to set out and discuss the ‘Why’, ‘What’, and ‘How’ of managing an effective indirect tax function.
Impact of the increase of VAT rates globally: the greater the amount of tax in the system, the greater the tax risk. VAT errors could – as it is a transactional tax – negatively impact profit margin and shareholder’s value.
Besides the ‘Why’ it is important to know what needs to be managed within an organization. To support change of roles and responsibilities – e.g. governance and mandate – involvement of senior management is essential.
Change management is an important topic in various sections. How to realize sponsorship and make a difference? An overview of approaches, methodologies and best practice tools are included.
Richard H. Cornelisse
- Preface [NEW]
- Opinion – Risks too High, Controls too Low
- Interview – Risks too High, Controls too Low
A roadmap to indirect tax function effectiveness
- Why is management necessary and what needs to be done?
- How to realize objectives via best practice approaches, tools and methodology
- How to increase indirect tax function effectiveness
- Achieving stakeholder satisfaction
- Writing a business case / problem statement and calculate Return on Investment (ROI)
- Toolkit – Roadmap To Indirect Tax Function Effectiveness [NEW]
Planning of non-routine transactions
- Indirect Tax Considerations: Migration To New Jurisdictions?
- Limited Risk Distributor” Or „Commissionaire”?
- The Intersection Of VAT And Shared Service Centers?
- M&A Integration And Indirect Tax: Managing The Moving Parts Before, During, And After A Transaction
Building Blocks of an Indirect Tax Strategic Plan
- An Indirect Tax Strategic Plan
- Setting The Objectives Of The Tax Function
- A Roadmap to a sound ‘Audit Defense’ Strategy
Indirect Tax Risk Management
- Indirect Tax Trends
- Why Manage Indirect Taxes?
- VAT Throughput Calculation
- Mandatory Electronic Audit Files A Worldwide Trend [NEW]
Building Blocks of a VAT Control Framework
- VAT Control Framework
- Auditing Your VAT Control Framework
- Tax Authorities Peeking At Your Data
- How To Identify The Lowest Performing Indirect Tax Processes
- Validation Process Of VAT Numbers In SAP
- Statistical Sampling
- Data Analysis
- SAP Review
Data and Technology
- ERP Systems And Tax Engines
- SAP, Indirect Tax Functionality And Client Needs
- SAP Implementation
- Tax Engines Questions To Ask Before You Commit
- Case study weakness Standard SAP
- Everything You Always Wanted to Know About VAT in SAP * But Were Not Aware to Ask
- SAP Checklist For VAT Rate Change
- VAT Fraud
- New EU Study Confirms Billions Lost In VAT Gap
- Fighting Tax Evasion And Avoidance: A Year Of Progress 2013