The relationship between taxpayer and tax authority will fundamentally change in the coming years. Two new frameworks can help you prepare for this digital transformation journey.
When it comes to tax disruption management it’s important to take a systematic and well-documented approach. That’s why we have developed the two frameworks introduced in this paper. Our tax disruption risk assessment framework (the ‘cube’) and our tax disruption management framework (the ‘inverted pyramid’) are designed to help you maintain an overview and carefully plan your next steps as tax disruption unfolds and the new digital and transparent world of tax emerges.
As an initial measure, our interactive model of the ‘tax disruption cube’ is designed to help your organisation monitor and visualise the novel risks. Like a solid weather forecast, it’s intended to prepare you for the likely future in the best way possible.
Hence, the main goal of the tax disruption risk framework (tax disruption cube) is to strategically determine where and when to invest in digital capabilities.
Unfortunately, it’s not sufficient to have a solid weather forecast. You also need to prepare adequately and consistently for the upcoming weather situation. So, as the next step we propose our tax disruption management framework (the ‘inverted pyramid’). This provides you with a plan pointing out what measures should be taken at what level of the organisation to mitigate the novel risks and, at the same time, reap the benefits of a technology- and data enabled tax function.
Tax and Legal Innovation, Transformation & Disruption Leader, PwC Switzerland
Tel: +41 58 792 42 82
Dr. Christian R. Ulbrich
Assistant Manager, Tax Disruption Think Tank, PwC Switzerland
Tel: +41 58 792 23 16
Tax Senior Manager (Tax Disruption Consulting), PwC Switzerland
Tel: +41 58 792 45 16