Richard Cornelisse

Criminal charges and jail time

In Belastingontduiking, Indirect Tax Strategic Plan, Processes and Controls on 06/09/2016 at 10:02 am

59 percent of respondents (53 percent in 2014) expect the personal liability of compliance officers to increase in 2015, with 15 percent expecting a significant increase.

Compliance officers or its Executives at firms as diverse as Swinton Insurance, Bank Leumi, Bank of Tokyo-Mitsubishi, Brown Brothers Harriman and Deutsche Bank (DB: VAT fraud) having been fined, banned or jailed (or a combination).

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Identify the lowest performing process

In Indirect Tax Strategic Plan, Processes and Controls on 04/09/2016 at 8:21 pm

If you know the company’s risk appetite, you have to identify the lowest performing indirect tax processes that have ‘the most direct impact on the company’s business objectives.

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Gain awareness and acceptance

In Business Strategy, Indirect Tax Strategic Plan, Processes and Controls on 04/09/2016 at 8:00 pm

Create, protect and prove value and write a business case for investment to realize business objectives such as improve cash flow, reduce costs, improve tax processes and manage tax related risks.

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