Definition: Tax Analytics Service is a specialized form of data analytics that focuses on the analysis, interpretation, and prediction of tax data. It involves the use of advanced data analytics tools and techniques to calculate statistics and generate forecasts on tax data. Source: AI Assistant Source reference: https://assistant.google.com/ Additional information: Tax analytics service is a crucial tool for businesses, tax professionals, and government agencies. It helps in understanding tax obligations, identifying tax savings opportunities, and making informed decisions. The service uses sophisticated algorithms and machine learning techniques to analyze large volumes of tax data and derive meaningful insights. It can predict future tax liabilities based on historical data, identify patterns and trends, and provide actionable recommendations. Tax analytics service can also help in tax planning, compliance, and risk management. Example: A business can use a tax analytics service to analyze its historical tax data and predict future tax liabilities. This can help in budgeting and financial planning. A tax professional can use a tax analytics service to identify tax savings opportunities for their clients. The service can analyze the client's tax data and suggest strategies to minimize tax liabilities. A government agency can use a tax analytics service to analyze tax data and identify trends and patterns. This can help in policy making and tax administration. LOST view: TVA-Tax Management Enablers [Motivation] Identifier: http://data.europa.eu/dr8/egovera/TaxAnalyticsServiceApplicationService EIRA traceability: eira:DigitalSolutionApplicationService ABB name: egovera:TaxAnalyticsServiceApplicationService EIRA concept: eira:ArchitectureBuildingBlock Last modification: 2023-07-28 dct:identifier: http://data.europa.eu/dr8/egovera/TaxAnalyticsServiceApplicationService dct:title: Tax Analytics Service Application Service