Definition: European Tax Catalog Management is an IT concept that involves the use of software or systems to manage, organize, and maintain tax-related data in accordance with the tax laws and regulations of European countries. It is crucial for businesses operating in Europe to ensure compliance and accuracy in tax reporting. Source: Investopedia Source reference: https://www.investopedia.com/terms/t/tax-management.asp Additional information: European Tax Catalog Management is a comprehensive system that helps businesses to manage their tax-related data efficiently. It includes the collection, storage, management, processing, and analysis of tax data. The system ensures that the tax data is in line with the tax laws and regulations of different European countries. It also helps in the preparation and filing of tax returns, calculation of tax liabilities, and planning for future tax obligations. The system is designed to reduce errors, improve accuracy, and save time and resources. It also provides reports and insights that can help in strategic decision-making. Example: Examples of application include multinational corporations using European Tax Catalog Management systems to handle their complex tax obligations across various European countries. These systems help in managing VAT, corporate tax, income tax, and other tax-related data. They also assist in tax planning and strategy, ensuring compliance with tax laws, and reducing the risk of penalties and fines. Another example is e-commerce businesses using these systems to calculate and apply the correct VAT rates for their products or services sold in different European countries. LOST view: OV-Digital Public Services Catalogue Identifier: http://data.europa.eu/dr8/egovera/EuropeanTaxCatalogManagementBusinessService EIRA traceability: eira:DigitalPublicBusinessService ABB name: egovera:EuropeanTaxCatalogManagementBusinessService EIRA concept: eira:ArchitectureBuildingBlock Last modification: 2023-07-27 dct:identifier: http://data.europa.eu/dr8/egovera/EuropeanTaxCatalogManagementBusinessService dct:title: European tax catalog management Digital Public Service