Tags » Risk Appetite

Disclosure of tax avoidance schemes

What is tax avoidance?

“Tax avoidance is an attempt to exploit legislation to gain a tax advantage that was never intended. This often involves artificial transactions that serve little or no purpose other than to produce a tax advantage.

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Processes And Controls

Definition of Risk Management for Indirect Tax

‘Risk’ means the likelihood of an event that may occur, with regard to the entry, exit, transit, transfer or end-use of goods moved between the customs territory of the Community and countries or territories outside that territory and to the presence of goods which do not have Community status, which would have any of the following results: 2,217 more words

Savings

KEY Group’s services: SAP implementation

KEY Group possesses practical experience and understands SAP’s possibilities, but also its limitations and thus the capability to free up resources, reduce manual activities and manage risks. 69 more words

Savings

Soft skills are the key differentiator

For a long time, the indirect tax profession has been an individual sport. Due to changes in the tax market and in client needs, the tax profession has evolved into more of a team sport. 822 more words

Savings

Is it wise to have Stevie in the driver’s seat?

A Ferrari is a beautiful, very fast and a state of the art car, but we should not put Stevie Wonder in the driver seat. He is an excellent song writer and performer but he never ever will be the next Michael Schumacher. 1,049 more words

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Virtual personal assistant answers tax questions

Non-traditional competitors are entering the tax service provider market and capturing market share. Will technological innovation get an extra boost? What can we expect next? Will a virtual personal assistant answer all your tax questions immediately? 1,137 more words

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Is there a time limit on being bulletproof?

On June 2014, the European Commission said it had opened three in-depth investigations into tax decisions affecting Apple, Starbucks and Fiat Finance and Trade in Ireland, the Netherlands and Luxembourg respectively. 1,324 more words

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