A new #trr266 paper on tax compliance management systems and tax audits by Caren Sureth-Sloane and Kim Alina Schulz (both Universität Paderborn) has been published in Steuer und Wirtschaft. Read below for some key takeaways and suggestions for a more transparent and collaborative audit environment. ⬇️
Universität Paderborn, Professor for Business Taxation, Spokesperson of TRR 266 Accounting for Transparency, Vice President Schmalenbach-Gesellschaft, DIBT at WU Wien
Tax Compliance Management Systems (Tax CMS) and Tax Audits: New Insights from Research with Kim Alina Schulz Recent regulatory changes, including the EU's 'DAC 7' directive, have put tax compliance management systems (Tax CMS) in the spotlight across Germany. Our interview-based research shows that an increasing number of companies, particularly large corporations, are adopting Tax CMS to improve tax governance. Key Takeaways: 1️⃣ Rising Tax CMS adoption: Large firms, in particular, are increasingly implementing Tax CMS. 2️⃣ Early impact on the audit landscape: While companies report minimal changes in audit scope and duration, tax advisors are seeing a reduction in disputes and a shift towards more efficient, process-oriented audits. 3️⃣ Future of Tax CMS regulation in Germany: Findings underline the need for a clearer regulatory framework to support the systematic integration of Tax CMS in tax audits and improve consistency. This study provides valuable insights into the evolving role of Tax CMS in German tax audits, paving the way for a more transparent and collaborative audit environment. See our recent article in Steuer und Wirtschaft at Verlag Dr. Otto Schmidt. #SteuerundWirtschaft #TaxCompliance #TaxCMS #TaxAudit #DAC7 #TaxPolicy #BusinessTax TRR 266 Accounting for Transparency, Deutsche Forschungsgemeinschaft (DFG) - German Research Foundation, Universität Paderborn, UPB – Fakultät für Wirtschaftswissenschaften, TAF department at Paderborn University