Design and implement

Design and implement

Tuesday, December 5, 2017

Commission develops TNA software to identify fraudulent networks




To speed up the joint processing and analysis of data within Eurofisc, the Commission is currently developing TNA software for voluntary use by the Member States as of 2018.

In order to maximise TNA’s potential to identify fraudulent networks across the whole EU, Regulation (EU) No 904/2010 would make clearer provision for the joint processing and analysis of data within Eurofisc.

Involvement in such processing and analysis will remain voluntary. However, all Member States should grant Eurofisc officials access to their VIES data on intra-Union transactions through TNA.

In that way the software can identify all potential fraud networks, including those involving traders established in non-participating Member States.

Friday, October 13, 2017

Towards a new and definitive VAT system for the EU

 

According to the Commission's proposals, VAT will now be charged on cross-border trade between businesses. Currently, this type of trade is exempt from VAT, providing an easy loophole for unscrupulous companies to collect VAT and then vanish without remitting the money to the government.It will be simpler for companies that sell cross-border to deal with their VAT obligations thanks to a 'One Stop Shop' (OSS).

Traders will be able to make declarations and payments using a single online portal in their own language and according to the same rules and administrative templates as in their home country. Member States will then pay the VAT to each other directly, as is already the case for all sales of e-services.The Commission also proposes a move to the principle of 'destination' whereby the final amount of VAT is always paid to the Member State of the final consumer and charged at the rate of that Member State.

 Source: Towards a new and definitive VAT system for the EU

Tuesday, September 19, 2017

Tax authorities demand more, faster and more frequent data

The fierce debate on a fair distribution of tax revenues by governments has reached new heights. Tax shift due to risk allocation of transactions to low tax rate countries and even globalization itself are under political discussion.

Protectionism is an important part of the strategic objectives of certain governments. Additionally, the discussion concerning BEPS and state aid have caused fiscal uncertainties that force companies to reevaluate risks. In some cases this can even lead to changes in the business model.

Current business models are put under a magnifying glass, but also the change of business models – for instance from commissionaire to limited risk distributor – will get attention from the tax authorities.

 A reorganization in the Dutch Tax and Customs Administration has established the objective that routinely and labor-intensive, yet relatively simple control activities are to be taken over by automated processes.

That is, modern technologies appear to substitute to role of the ‘traditional’ tax auditor. The idea is that new computer systems and data analysis software will allow data files from different source systems to be connected, thereby enabling more efficient tax control and requiring fewer ‘traditionally educated’ employees.

The objective also holds that the tax authorities have earlier and faster access to relevant tax data and that this data is periodically provided by tax payers in a format that is prescribed by the government and that can easily be read and immediately reveal inconsistencies in fiscal activities.

Transfer pricing and/or VAT regulations are still not sufficiently taken into account in the development of VAT-automation regarding business processes.

This makes that the data that is captured in a vast amount of financial administration, can ‘impossibly’ be compared with that which is stated on the tax returns.

All chapters

  1. Introduction: Relevant tax data from Transfer Pricing and VAT: explaining the ‘Why’, ‘What’ and ‘How’
  2. The auditor is not (yet) a risk analyst
  3. New tax legislation in the UK: 'Tone at the top'
  4. More attention for Transfer Pricing
  5. More attention for VAT
  6. Tax authorities request more, faster and more often tax data
  7. SAF-T rolled out in more countries
  8. 'The impact on in-house tax function' and 'Preaudit before submit'
  9. Realise a joint tax responsibility
  10. Read: complete article with all chapters and links to follow up articles (in depth)
Above is a translation of article published in Vakblad Tax Assurance. Dutch version can be downloaded for free: Download click the link

Wednesday, August 9, 2017

Tax Risk Management - submitting tax relevant data to the tax authorities

Tax authorities are besides optimizing traditional tax reporting systems increasingly implementing in addition electronic (almost) 'real-time' transaction reporting systems. It is expected that tax authorities due to technological innovations become increasingly better and faster in executing their tax audit.
Complementary to the existing and more traditional tax reporting in countries like Austria, France, Lithuania, Luxembourg, Norway, Poland, Portugal, Spain already (close) to real time data request have to be submitted and/or should be available on short notice when a tax audit is announced. 

In countries like Austria, France, Lithuania, Luxembourg, Norway, Poland, Portugal, Spain already (close) to real time data request have to be submitted and/or should be available on short notice when a tax audit is announced. 

What is next?

Italy, the VAT invoices data informative reports must be filed with the tax authorities on a six-monthly basis starting by September 18, 2017. From 2018 the deadlines will be on a quarterly basis. For Hungary realtime invoicing is postponed to 1 July 2018. Companies need to have a solution implemented that is capable of real time data transfer by 1st of July 2018 at the latest.


It is however not clear how the tax authorities actually will analyse the data received. That might change soon as their strategy is an improved and faster tax audit including combatting VAT fraud as an overall EU priority.


Let me explain

Wednesday, July 26, 2017

Being ready for GCC VAT introduction when operating SAP

The Governments of the Gulf Cooperation Council (GCC) - Bahrain, Kuwait, Oman, Qatar (status unknown due to GCC politics/friction), Saudi Arabia and the United Arab Emirates that make up GCC - are committed to form a common framework for the introduction of value added tax (VAT) in the region. In order to achieve conformity within the GCC, it is anticipated that the six member states will all aim for implementation of VAT during the period commencing 1 January 2018 or by the end of 2018.

VAT as a process will affect many aspects of businesses operating in the GCC and will require significant time to plan, and integrate into existing processes.

Setting the objectives
  • To be ready in time and a need of an effective and efficient work process between Tax function, IT function and its third party consultants
  • To optimize its VAT deduction and to automate this VAT process as much as possible in SAP
  • To limit VAT risks and meet VAT reporting obligations (e.g. reverse charge mechanism to avoid non VAT compliance)
  • To automate VAT processes via enhancing the SAP 'as is' functionality where possible
  • Set up processes and controls when VAT automation is not feasible
  • To test new SAP functionality prior to go-live (sandbox)
Based on above objectives the PDF document 'More detailed description of Work in booklet' established the scope, schedule and means of initiating the work to be performed by the service provider and describes or references the specifications, instructions, standards, and other documents, which the service provider shall satisfy or adhere to in the performance of the work
The KEY Group is supporting one of the largest multinationals with the setup of the GCC VAT rules in SAP itself
Read more: Being ready for GCC VAT introduction when operating SAP


Tuesday, April 4, 2017

Partnership between Key Group, SNI and ConVista

A partnership is closed between the Key Group, SNI and the international operating SAP consultancy firm 'ConVista Consulting' with offices amongst others in Madrid and Barcelona. Key Group and SNI operate from Netherlands, Poland and Turkey.

Who we are

In order to establish synergies to support business SAP challenges of our clients we have setup a joint venture initiative in the past. Tax SAP experts - KEY Group and Phenix Consulting - developing together with SNI a global development partner of SAP and leading software company in the area of e-invoice, e-bookkeeping, e-archive, e-ticket.

SNI's core business is to provide SAP certified add-ons for legal compliance to a large number of global well-known companies. We have therefore access in-house to senior Tax SAP experts working together with SAP experts (functional and technical). That means our turnaround time is fast and our quality is very high.

A partnership is closed with the international operating SAP consultancy firm 'ConVista Consulting' with offices amongst others in Madrid and Barcelona. Our partnership relates to distribution, implementation and maintenance support (Spanish language) for our SAP SII add-on solution for Spain.

ConVista is an experienced consulting firm with a large track record in the design and installation of financials & treasury applications with SAP. We offer comprehensive IT consulting services complemented by custom software development. ConVista provides a complete service offering from a single source. Streamlined processes, a higher degree of automation and shorter project durations serve as indicators for improved efficiency. Expertise in process, technology and methodology form the fundamental components of our work. We combine long-lasting experience in the implementation and delivery of large programs with in-depth knowledge of treasury applications from SAP.

Quienes somos

Hemos desarrollado una iniciativa conjunta con el fin de establecer sinergias para ayudar a nuestros clientes en los desafíos de negocio de SAP. Los expertos en impuestos SAP - KEY Group y Phenix Consulting - forman junto con SNI un partner global de SAP y una compañía de software líder en el área de factura electrónica, e-book, e-archive, e-ticket. Además nuestro partnership con ConVista nos permite dar cobertura a nuestros clientes en numerosos países, facilitando la implantación y mantenimiento de nuestras soluciones.

La principal actividad de SNI consiste en proporcionar add-ons certificados por SAP para cubrir los requisitos legales en un gran número de empresas ampliamente conocidas. Por este motivo disponemos de expertos senior en el área de impuestos que trabajan conjuntamente con expertos de SAP (funcionales y técnicos), lo que nos permite un tiempo de respuesta rápido y una alta calidad.

España 1 de julio de 2017: Suministro Inmediato de Información a las autoridades (SII)


A partir del 1 de julio de 2017, más de 62.000 empresas estarán obligadas a gestionar el IVA de forma electrónica. Se trata de un nuevo sistema electrónico para la declaración telemática de los libros de registro del IVA, que nace con el objetivo de agilizar el cumplimiento fiscal y las devoluciones de este impuesto.

La nueva plataforma de SII se centra en la obligación de la emisión y declaración electrónica del detalle de las facturas emitidas y recibidas por parte de una empresa.

De esta forma los libros registro de IVA se constituyen de forma automática, a través del envío recurrente sobre el detalle de las operaciones realizadas por una compañía. El plazo máximo de tiempo otorgado por la AEAT para el envío de la información es de 4 días hábiles ( 8 durante el segundo semestre de este mismo año)

Así pues, el modelo impulsado por la AEAT permitirá comunicar en tiempo real las operaciones comerciales realizadas por las compañías, incrementando la rapidez y eficiencia del control tributario y fiscal.

SAP Solution para el SII

IN ENGLISH

SAP Solution para el SII. Hemos desarrollado una solución integrada en SAP que da cobertura a los siguientes procesos:
  • Selección automática de documentos/transacciones registradas en los módulos de SD y FI/AR/AP y conversión en eDocuments
  • Clasificación de los eDocuments en torno a los requerimientos informativos del SII a través de “envelopes”
  • Generación de los mensajes XML de comunicación con la AEAT
  • Comunicación a través de Web Service del envío y recepción de los mensajes XML requeridos por la AEAT
  • Gestión de los certificados homologados por la AEAT para garantizar el no repudio de la información intercambiada
  • Integración de los mensajes resultantes de la validación realizada por la AEAT sobre la información enviada
El Cockpit SII ofrece las siguientes funcionalidades:
  • Desglose ampliado de la información financiera en el Edocument
  • Muestra datos de cabecera y del desglose de la factura en el Edocument
  • Muestra el mensaje XML constituido en la pantalla
  • Desglose de las transacciones de origen en SAP
  • Muestra el seguimiento y estado del Edocument
  • Almacena claves de aprobación (CSV) de la Agencia Tributaria
  • Implementación de workflows de aprobación previos a la comunicación a la AEAT
  • Opción de supresión lógica de documentos electrónicos (por ejemplo, para cancelar / traspasar facturas AP en SAP debido a errores de contabilización)
  • Cargar desde Excel transacciones / informes de aplicativos externos no SAP
  • Generación de los mensajes XML a la Agencia Tributaria para completar el proceso automatizado de envío electrónico

Características generales del add-on

Las soluciones integradas SAP e-invoice / SAF-T tienen las siguientes características:
  • Totalmente integrado en SAP sin una interfaz o software externo
  • Independiente de la versión y actualización de SAP, implementado sin modificación del core
  • Área de nombres para todos los objetos registrada globalmente “/SNI/”
  • Lenguaje de programación ABAP, idioma del producto en inglés
  • Instalación realizada simplemente mediante un archivo de transporte externo
  • Todos los desarrollos bajo un paquete
  • Datos XML almacenados en tablas /SNI/
  • Compatibilidad – Uso de XI/PI o integradores de facturas electrónicas
  • Funciones SAP estándar disponibles (variantes, pantallas de selección, etc.)
  • Autorización SAP estándar
  • Pantallas fáciles de usar
  • Tablas personalizadas propias
  • Códigos y menús de transacciones propios

Sí, el add-on es escalable

El add-on es escalable. Algunas configuraciones son específicas de cada país y otras son compartidas. SAF-T está disponible para Francia, Polonia, Lituania, Noruega y ahora también para España (SII). Los nuevos requisitos en tiempo real para Hungría e Italia ya están en desarrollo. Nuestro objetivo es tener add-ons para todos los países que implementan la presentación de informes SAF-T.

Quienes Somos

Hemos desarrollado una iniciativa conjunta con el fin de establecer sinergias para ayudar a nuestros clientes en los desafíos de negocio de SAP. Los expertos en impuestos SAP - KEY Group y Phenix Consulting - forman junto con SNI un partner global de SAP y una compañía de software líder en el área de factura electrónica, e-book, e-archive, e-ticket. Además nuestro partnership con ConVista nos permite dar cobertura a nuestros clientes en numerosos países, facilitando la implantación y mantenimiento de nuestras soluciones.

La principal actividad de SNI consiste en proporcionar add-ons certificados por SAP para cubrir los requisitos legales en un gran número de empresas ampliamente conocidas. Por este motivo disponemos de expertos senior en el área de impuestos que trabajan conjuntamente con expertos de SAP (funcionales y técnicos), lo que nos permite un tiempo de respuesta rápido y una alta calidad.

Contact us for more information


AEAT FAQ