Tax professionals registry management ()
Description: 'Tax professionals registry management' is a digital business capability that involves the use of technology to manage and maintain a comprehensive database or registry of tax professionals. This includes the ability to register new professionals, update information, track their credentials, and monitor their performance. It also involves ensuring the security and privacy of the data, as well as its accessibility for authorized users. This capability is crucial for regulatory compliance, quality assurance, and efficient service delivery in the tax industry. Additional information: The 'Tax Professionals Registry Management' Digital Business Capability refers to the ability of an organization, particularly those in the financial sector, to effectively manage a comprehensive database or registry of tax professionals. This capability involves the use of digital technologies and systems to collect, store, manage, and analyze data related to tax professionals. This includes personal information, professional qualifications, areas of expertise, years of experience, and other relevant details. It also involves managing the status of these professionals, such as active, inactive, or under review, based on various factors such as their performance, compliance with tax laws and regulations, and ethical standards. The capability enables the organization to efficiently track and monitor the performance and activities of registered tax professionals, ensuring they meet the required standards and comply with the relevant tax laws and regulations. It also supports decision-making processes related to the selection, assignment, and management of tax professionals for different tasks or projects. Moreover, this capability may also involve the management of interactions and communications with these professionals, such as notifications, updates, and feedback. It may also support the provision of services and resources to these professionals, such as training, guidelines, and tools, to enhance their knowledge, skills, and performance. The 'Tax Professionals Registry Management' capability also entails ensuring the security, privacy, and integrity of the data in the registry, complying with data protection laws and regulations. It requires the implementation of robust data management practices, such as data validation, cleansing, and backup, and the use of advanced technologies, such as cloud computing, data analytics, and artificial intelligence, to enhance the efficiency, effectiveness, and value of the registry management process. Overall, this capability is crucial for organizations to effectively manage their relationships with tax professionals, ensure the quality and compliance of their tax-related activities, and enhance their overall business performance and competitiveness. Example: 1. Internal Revenue Service (IRS), USA: The IRS maintains a Preparer Tax Identification Number (PTIN) system for all paid tax return preparers. This system allows the IRS to track the tax professionals, ensuring they meet the necessary qualifications and follow the ethical guidelines. 2. HM Revenue and Customs (HMRC), UK: HMRC maintains a list of tax agents and advisers who are authorized to deal with them on behalf of taxpayers. This registry helps in managing the tax professionals and ensuring they adhere to the professional standards. 3. Australian Taxation Office (ATO): The ATO maintains a Tax Practitioners Board which is responsible for the registration and regulation of tax agents, BAS agents and tax (financial) advisers. The board ensures that tax professionals meet the required standards of professional and ethical conduct. 4. Canada Revenue Agency (CRA): The CRA maintains a list of authorized tax professionals who can file tax returns on behalf of individuals and businesses. This registry helps in managing the tax professionals and ensuring they adhere to the professional standards. 5. Inland Revenue Authority of Singapore (IRAS): IRAS maintains a directory of tax agents who are authorized to handle tax matters. This registry helps in managing the tax professionals and ensuring they adhere to the professional standards. 6. Federal Public Service Finance, Belgium: This agency maintains a list of recognized tax consultants who are authorized to provide tax advice and prepare tax returns. This registry helps in managing the tax professionals and ensuring they adhere to the professional standards. Publisher: EIRA Team LOST view: OV-Digital Business Capabilities Catalogue Identifier: http://data.europa.eu/dr8/egovera/TaxProfessionalsRegistryManagementCapability EIRA traceability: eira:DigitalBusinessCapability EIRA concept: eira:SolutionBuildingBlock Last modification: 2023-07-27 dct:identifier: http://data.europa.eu/dr8/egovera/TaxProfessionalsRegistryManagementCapability dct:title: Tax professionals registry management (DBC)
eira:PURIhttp://data.europa.eu/dr8/egovera/TaxProfessionalsRegistryManagementCapability
eira:ABBeira:DigitalBusinessCapability
dct:modified2023-07-27
dct:identifierhttp://data.europa.eu/dr8/egovera/TaxProfessionalsRegistryManagementCapability
dct:titleTax professionals registry management (DBC)
dct:description'Tax professionals registry management' is a digital business capability that involves the use of technology to manage and maintain a comprehensive database or registry of tax professionals. This includes the ability to register new professionals, update information, track their credentials, and monitor their performance. It also involves ensuring the security and privacy of the data, as well as its accessibility for authorized users. This capability is crucial for regulatory compliance, quality assurance, and efficient service delivery in the tax industry.
skos:example1. Internal Revenue Service (IRS), USA: The IRS maintains a Preparer Tax Identification Number (PTIN) system for all paid tax return preparers. This system allows the IRS to track the tax professionals, ensuring they meet the necessary qualifications and follow the ethical guidelines. 2. HM Revenue and Customs (HMRC), UK: HMRC maintains a list of tax agents and advisers who are authorized to deal with them on behalf of taxpayers. This registry helps in managing the tax professionals and ensuring they adhere to the professional standards. 3. Australian Taxation Office (ATO): The ATO maintains a Tax Practitioners Board which is responsible for the registration and regulation of tax agents, BAS agents and tax (financial) advisers. The board ensures that tax professionals meet the required standards of professional and ethical conduct. 4. Canada Revenue Agency (CRA): The CRA maintains a list of authorized tax professionals who can file tax returns on behalf of individuals and businesses. This registry helps in managing the tax professionals and ensuring they adhere to the professional standards. 5. Inland Revenue Authority of Singapore (IRAS): IRAS maintains a directory of tax agents who are authorized to handle tax matters. This registry helps in managing the tax professionals and ensuring they adhere to the professional standards. 6. Federal Public Service Finance, Belgium: This agency maintains a list of recognized tax consultants who are authorized to provide tax advice and prepare tax returns. This registry helps in managing the tax professionals and ensuring they adhere to the professional standards.
eira:concepteira:SolutionBuildingBlock
skos:noteThe 'Tax Professionals Registry Management' Digital Business Capability refers to the ability of an organization, particularly those in the financial sector, to effectively manage a comprehensive database or registry of tax professionals. This capability involves the use of digital technologies and systems to collect, store, manage, and analyze data related to tax professionals. This includes personal information, professional qualifications, areas of expertise, years of experience, and other relevant details. It also involves managing the status of these professionals, such as active, inactive, or under review, based on various factors such as their performance, compliance with tax laws and regulations, and ethical standards. The capability enables the organization to efficiently track and monitor the performance and activities of registered tax professionals, ensuring they meet the required standards and comply with the relevant tax laws and regulations. It also supports decision-making processes related to the selection, assignment, and management of tax professionals for different tasks or projects. Moreover, this capability may also involve the management of interactions and communications with these professionals, such as notifications, updates, and feedback. It may also support the provision of services and resources to these professionals, such as training, guidelines, and tools, to enhance their knowledge, skills, and performance. The 'Tax Professionals Registry Management' capability also entails ensuring the security, privacy, and integrity of the data in the registry, complying with data protection laws and regulations. It requires the implementation of robust data management practices, such as data validation, cleansing, and backup, and the use of advanced technologies, such as cloud computing, data analytics, and artificial intelligence, to enhance the efficiency, effectiveness, and value of the registry management process. Overall, this capability is crucial for organizations to effectively manage their relationships with tax professionals, ensure the quality and compliance of their tax-related activities, and enhance their overall business performance and competitiveness.
dct:publisherEIRA Team
dct:source
eira:viewOV-Digital Business Capabilities Catalogue