Tax studies and research ()
Description: 'Tax Studies and Research' Digital Business Capability refers to the ability of a business to use digital tools and technologies to conduct comprehensive studies and research in the field of taxation. This includes the analysis of tax laws, regulations, and policies, understanding their implications on the business, forecasting tax trends, and developing tax strategies. This capability also involves the use of digital platforms for data collection, data analysis, and report generation. It enables businesses to make informed decisions, ensure tax compliance, identify tax-saving opportunities, and manage tax-related risks effectively. Additional information: The 'Tax Studies and Research' digital business capability refers to the ability of a business to use digital tools and technologies to conduct comprehensive studies and research in the field of taxation. This capability involves the use of digital platforms, software, and systems to gather, analyze, and interpret data related to tax laws, regulations, and policies. This capability enables a business to stay updated with the latest changes in tax laws and regulations, understand their implications, and make informed decisions. It involves the use of advanced analytics, artificial intelligence, and machine learning to predict future tax trends, identify potential tax risks and opportunities, and develop effective tax strategies. The 'Tax Studies and Research' capability also includes the ability to collaborate with tax experts, researchers, and other stakeholders through digital platforms, share insights and findings, and contribute to the development of tax knowledge and expertise. It also involves the use of digital tools to create and disseminate tax-related reports, publications, and other resources. Moreover, this capability involves the ability to ensure the security, privacy, and compliance of tax-related data and information, using digital technologies such as encryption, blockchain, and cloud computing. It also includes the ability to integrate tax studies and research with other business functions and processes, using digital technologies such as ERP and CRM systems. In essence, the 'Tax Studies and Research' digital business capability enables a business to leverage digital technologies to enhance its tax knowledge, expertise, and performance, and to create value in the digital economy. Example: 1. Internal Revenue Service (IRS), USA: The IRS conducts tax studies and research to understand the tax compliance behavior of individuals and businesses. They use digital tools and technologies to collect and analyze data, which helps in policy-making and improving tax administration. 2. HM Revenue and Customs (HMRC), UK: HMRC uses digital business capabilities to conduct research on tax gaps, tax evasion, and compliance costs. They use advanced data analytics and machine learning algorithms to analyze large datasets and derive insights. 3. Australian Taxation Office (ATO): ATO uses digital capabilities to conduct tax studies and research on various topics like tax compliance, tax gap, and the impact of tax policies on the economy. They use digital platforms to collect data and advanced analytics tools to analyze the data. 4. Canada Revenue Agency (CRA): CRA uses digital business capabilities to conduct tax research and studies on various topics like tax evasion, tax avoidance, and the impact of tax policies on the economy. They use digital tools like data analytics and machine learning to analyze large datasets and derive insights. 5. India's Income Tax Department: The department uses digital capabilities to conduct research on tax compliance, tax evasion, and the impact of tax policies on the economy. They use digital platforms to collect data and advanced analytics tools to analyze the data. 6. South Africa Revenue Service (SARS): SARS uses digital business capabilities to conduct tax studies and research on various topics like tax compliance, tax evasion, and the impact of tax policies on the economy. They use digital tools like data analytics and machine learning to analyze large datasets and derive insights. Publisher: EIRA Team LOST view: OV-Digital Business Capabilities Catalogue Identifier: http://data.europa.eu/dr8/egovera/TaxStudiesAndResearchCapability EIRA traceability: eira:DigitalBusinessCapability EIRA concept: eira:SolutionBuildingBlock Last modification: 2023-07-27 dct:identifier: http://data.europa.eu/dr8/egovera/TaxStudiesAndResearchCapability dct:title: Tax studies and research (DBC)
eira:PURIhttp://data.europa.eu/dr8/egovera/TaxStudiesAndResearchCapability
eira:ABBeira:DigitalBusinessCapability
dct:modified2023-07-27
dct:identifierhttp://data.europa.eu/dr8/egovera/TaxStudiesAndResearchCapability
dct:titleTax studies and research (DBC)
dct:description'Tax Studies and Research' Digital Business Capability refers to the ability of a business to use digital tools and technologies to conduct comprehensive studies and research in the field of taxation. This includes the analysis of tax laws, regulations, and policies, understanding their implications on the business, forecasting tax trends, and developing tax strategies. This capability also involves the use of digital platforms for data collection, data analysis, and report generation. It enables businesses to make informed decisions, ensure tax compliance, identify tax-saving opportunities, and manage tax-related risks effectively.
skos:example1. Internal Revenue Service (IRS), USA: The IRS conducts tax studies and research to understand the tax compliance behavior of individuals and businesses. They use digital tools and technologies to collect and analyze data, which helps in policy-making and improving tax administration. 2. HM Revenue and Customs (HMRC), UK: HMRC uses digital business capabilities to conduct research on tax gaps, tax evasion, and compliance costs. They use advanced data analytics and machine learning algorithms to analyze large datasets and derive insights. 3. Australian Taxation Office (ATO): ATO uses digital capabilities to conduct tax studies and research on various topics like tax compliance, tax gap, and the impact of tax policies on the economy. They use digital platforms to collect data and advanced analytics tools to analyze the data. 4. Canada Revenue Agency (CRA): CRA uses digital business capabilities to conduct tax research and studies on various topics like tax evasion, tax avoidance, and the impact of tax policies on the economy. They use digital tools like data analytics and machine learning to analyze large datasets and derive insights. 5. India's Income Tax Department: The department uses digital capabilities to conduct research on tax compliance, tax evasion, and the impact of tax policies on the economy. They use digital platforms to collect data and advanced analytics tools to analyze the data. 6. South Africa Revenue Service (SARS): SARS uses digital business capabilities to conduct tax studies and research on various topics like tax compliance, tax evasion, and the impact of tax policies on the economy. They use digital tools like data analytics and machine learning to analyze large datasets and derive insights.
eira:concepteira:SolutionBuildingBlock
skos:noteThe 'Tax Studies and Research' digital business capability refers to the ability of a business to use digital tools and technologies to conduct comprehensive studies and research in the field of taxation. This capability involves the use of digital platforms, software, and systems to gather, analyze, and interpret data related to tax laws, regulations, and policies. This capability enables a business to stay updated with the latest changes in tax laws and regulations, understand their implications, and make informed decisions. It involves the use of advanced analytics, artificial intelligence, and machine learning to predict future tax trends, identify potential tax risks and opportunities, and develop effective tax strategies. The 'Tax Studies and Research' capability also includes the ability to collaborate with tax experts, researchers, and other stakeholders through digital platforms, share insights and findings, and contribute to the development of tax knowledge and expertise. It also involves the use of digital tools to create and disseminate tax-related reports, publications, and other resources. Moreover, this capability involves the ability to ensure the security, privacy, and compliance of tax-related data and information, using digital technologies such as encryption, blockchain, and cloud computing. It also includes the ability to integrate tax studies and research with other business functions and processes, using digital technologies such as ERP and CRM systems. In essence, the 'Tax Studies and Research' digital business capability enables a business to leverage digital technologies to enhance its tax knowledge, expertise, and performance, and to create value in the digital economy.
dct:publisherEIRA Team
dct:source
eira:viewOV-Digital Business Capabilities Catalogue