BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:638@x8ti.com DTSTART;TZID=Asia/Kuala_Lumpur:20250310T090000 DTEND;TZID=Asia/Kuala_Lumpur:20250314T130000 DTSTAMP:20241106T191750Z URL:https://x8ti.com/event/digital-transformation-of-tax-administration-2/ SUMMARY:Digital Transformation of Tax Administration DESCRIPTION:Introduction\n\nMany tax administrations are digitizing their i nteraction with enterprises\, reshaping digital filing and reporting requi rements and digitizing their audit techniques. However\, the challenges of disruption in the tax world are becoming more and more evident.\n\nFast-p aced and inconsistently designed changes to the tax policies and the admin istration processes are issues that are affecting taxpayers especially har d as they struggle to keep up with it. The importance of the problems is l argely due to the improper use of innovative digital technologies in the f ield of tax administration.\n\nAdvanced technologies continue to develop a nd contribute to the modernization of taxation. The purpose of this course is to study the potential of digital technologies for the organization of tax administration and its revolution. The incorporation of advanced tech nologies into these processes facilitates tax administration in real time. \n\nReviewing how latest technologies can be applied in this domain allow participants to identify a variety of aspects that influence the proficien cy of tax administration practices. In this course\, the tasks of analyzin g the effectiveness of the use of modern digital technologies in tax admin istration and identifying the key factors that influence its effectiveness were solved.\n\nAll governments fundamentally have the same set of princi pal goals\, which are to collect more tax and to collect it more efficient ly. Some benchmarks like the Standard Audit File for Tax (SAF-T) and oblig ations from the Organization for Economic Co-operation and Development (OE CD) are gaining footing in Europe.\n\nBecause these policies are usually d esigned at a national level\, they result in many differences when it come s to the understanding and implementation of these policies within organiz ations. Therefore\, it is important to understand how to prepare your orga nizations to face these transformations\, as well as be prepared to conduc t audits and/or be audited.\n\nThis Xcelerate Training Institute Digital T ransformation of Tax Administration training course will empower you with insight into digital transformation initiatives in a tax administration co ntext\, allowing participants to learn about the innovative projects and t ools that are already being used\, including cutting-edge technological so lutions such as data analytics models\, electronic invoicing\, online serv ices\, machine learning and\n\nLearning Objectives\n\nUpon completing this Digital Transformation of Tax Administration course successfully\, partic ipants will be able to:\n\n Evaluate the possibility of obtaining tax inf ormation electronically\n Think about integration with other data sources internal or external to the tax agency\n Learn how build a 360-degree vi ew of the taxpayer\n Consider integrating with advanced analytics for det ection of anomalies to all data collected\n Recognize the importance of c ase selection and case management\n Using predictive analytics to identif y defaulters based upon different data sources\n Enable improvements in t he processing time\, and transparency\n\nTraining Methodology\n\nThis is a n interactive Digital Transformation of Tax Administration training progra m and will consist of the following training approaches:\n\n Lectures\n Seminars &\; Presentations\n Group Discussions\n Assignments\n Case Studies &\; Functional Exercises\n\nSimilar to all our Xcelerate Traini ng Institute courses\, this program also follows the ‘Do-Review-Learn-Ap ply’ model.\n\nBenefits For Your Organization\n\nCompanies who send in t heir employees to participate in this Digital Transformation of Tax Admini stration course can benefit in the following ways:\n\n Obtain a customize d and all-inclusive digital transformation of tax administration program w ith features best suited to address your organization's needs\n Produce a detailed digital tax administration profile for your organization\n Save on legal expenses risen due to tax administration violations\n Ensure th at your company is running with the most streamlined processes in the digi tal transformation of tax administration\n Employ the right people to ens ure that the policies for the digital transformation of tax administration are implemented properly\n\nBenefits For You\n\nProfessionals who take pa rt in this Digital Transformation of Tax Administration course can benefit in the following ways:\n\n Explain the factors that drive the need for t he digital transformation of tax administration policies and understand th e consequences of deviating from these policies in a highly legalized worl d\n Prevent your company from the probable issues faced due to improper d igital transformation of tax administration\n Create strategies for imple menting digital transformation of tax administration policies including sp ecific tools and technologies\, and then monitoring and training of these policies to build an effective digital tax administration compliance progr am\n Benefit from the broad range of content created by leading tax exper ts from around the world\n\nTarget Audience \n\nThis Digital Transformatio n of Tax Administration course would be suitable for:\n\n Accountants\n Tax advisers\n General tax practitioners\n Tax practitioners in advisory firms\n Tax specialists in commercial and trade industries\n Government officials\n In-house tax directors/managers\n Tax regulation bodies\n\n Course Outline\n\nPRESSURE OUTSIDE-IN\n\n Forum on Tax Administration\n Digital Tax Authorities\n Transform processes\n E-filing\, e-accounting\ , e-matching\, e-auditing and e-assessments\n Challenges faced\n Lessons learnt\n Data analytics solutions\n Data control to support digital tra nsformation\n\nEMBRACING TECHNOLOGY\n\n Digital currency\n Mobile networ ks\n Cloud\n Big data\n Advanced analytics on enterprise data\n Predic tive analytics\n Augmented reality\n\nALTERING THE DIMENSIONS OF WORK\n\n People and intelligent machines co working\n Diverse workforce\n Signi ficant contingent workforce\n Networks of collaborative teams\n Smart wo rkspace\n Agile\n Innovation by everyone\n Inclusive digital leadership \n Emotional\, creative\, and digital intelligence\n Purpose-driven\n T echnology drives people\n\nCHANGING ESTABLISHED PROCESSES\n\n Continuous change\n Enhanced processes\n Centralized data management\n Data-centri st decision-making\n Standardization\n\nRETHINKING RESOURCING\n\n Addres s intellectual property structures\n Keep up with local legislative chang es\n Interact with local tax administrations\n Reassign retained talent\ n Rework the business processes that stay in-house\n Customize in-house technology to work with the outsource\n Traditional tax functions vs. in source\, outsource\, or operating models\n\nASSESSING ORGANIZATIONAL MATUR ITY\n\n Static phase\n Reactive phase\n Proactive phase\n Progressive phase\n Maturity assessment\n\nMAPPING THE WAY FORWARD\n\n Defining a ta x function vision\n Understanding perspectives and expectations\n Assess ing effectiveness\n Prioritizing opportunities\n Developing initiatives and mobilizing\n Confirming the function’s commitment\n Securing buy-i n and funding\n\nLET THE MODERNIZING BEGIN\n\n BEPS\n Digitization of ta x administrations\n Continuous improvement\n Needs of the organization\n Keeping up with new technologies\n Strategic sourcing\n Disruption vs. opportunity\n\n \; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2024/11/What sApp-Image-2024-10-25-at-10.01.19-AM2.jpeg CATEGORIES:Tax and Revenue LOCATION:Kuala Lumpur Training Courses\, Banyan Tree Kuala Lumpur\, Kuala L umpur\, Malaysia\, Malaysia X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Banyan Tree Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia;X-APPLE-RADIUS=100;X-TITLE=Kuala Lumpur Training Courses:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Asia/Kuala_Lumpur X-LIC-LOCATION:Asia/Kuala_Lumpur BEGIN:STANDARD DTSTART:20240310T090000 TZOFFSETFROM:+0800 TZOFFSETTO:+0800 TZNAME:+08 END:STANDARD END:VTIMEZONE END:VCALENDAR