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The Tax Cube™

The Tax Cube

Insights

The Tax Cube™

Best practice tax risk management requires that tax governance frameworks are in place, with robust systems, clear accountabilities, strong controls, and highly skilled people supported by rigorous processes and procedures. The first step towards implementing your tax risk and governance strategy is to conduct a high level risk assessment. To help you develop an initial assessment of the current state of your tax governance activities we use a risk assessment tool called the Tax Cube.

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The Tax Cube™

The Tax Cube™ is a set of specifically designed tax questions based on our view of good practice in the area of tax risk management. It categorises and scores responses into four interrelated components - governance, people, processes and data & systems - which together form an integrated risk framework for internal controls over tax.

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The Tax Cube™