Tax Process Improvement & Governance

Increasing the efficiency and sophistication of tax operations

In an environment where both internal and external factors affecting tax operations are constantly changing and growing more complex, corporate tax departments face the challenge of delivering increased value while working within resource constraints. To meet these expectations, tax departments must ensure seamless and efficient operations, consistently adapt their tax processes and governance strategies, and transition towards higher-value activities. This transition involves overcoming the constraints that currently compel them to allocate limited resources to routine operations.

We conduct thorough research and analysis of the existing conditions within our clients' tax departments to identify the challenges they are encountering. Subsequently, we devise strategies to tackle these issues from various standpoints, including technology, human resources, processes, and governance. These strategies are then used to create actionable implementation plans that are both effective and efficient. 

Leveraging our profound expertise in taxation and cutting-edge technology, we assist clients in enhancing their tax processes. This results in cost reduction and heightened operational efficiency. Additionally, we fortify tax governance by establishing the requisite tax infrastructure and systems. This proactive approach enhances the efficiency and sophistication of their tax operations, producing substantial benefits.

Roadmap development

Upon identifying issues through comprehensive study and analysis of tax department operations, we meticulously contemplate strategies to resolve these challenges. Subsequently, we construct implementation plans that systematically outline the steps necessary to address the identified issues. These plans are then meticulously prioritized based on their anticipated effectiveness in resolving the specific challenges at hand.

• As-is analysis
  
• To-be formulation
  
• Improvement proposals
  
• Roadmap development
  

Rule design/unification

We support the development of policies to strengthen tax governance and the standardization and streamlining of tax processes.

• Tax policy development
  
• Preparation of various manuals, human resource development
  
• Unification of tax items and processes
  
• Creation and unification of tools, etc.
  

Introduction of digital solutions

We leverage technology to enhance monitoring and reporting capabilities and streamline tax operations.

• Introduction of tax management tools
  
• Large-scale automation of operations using system introduction and RPA
  
• Automation using Excel macros, etc.
  

Effective use of outsourcing

• Reviews of the scope of outsourcing
  
• Improved efficiency by unifying outsourcing partners
  
• Establishment of a tax sharing system, etc.
  

Deloitte Tohmatsu Training Program for Japan Tax Compliance

Navigating the Japanese tax system can be challenging, especially for inbound companies. Deloitte Tohmatsu Tax offers a unique training program tailored for non-native professionals to understand and apply Japanese tax concepts effectively.

Check out the brochure for more details.