tax governance framework
AUB Group Limited Tax Governance Framework May 2019 Page 1 AUB GROUP LIMITED TAX POLICY and its application by the AUB Tax Consolidation Group Effective July 2019 1. Guidance on tax control frameworks TCFs was released by the Forum on Tax Administration FTA in 2016. Conceptual Framework Source Own Compilation Download Scientific Diagram Implement a governance and control framework that defines the taxes for which the tax team is responsible Implement processes and controls to manage your tax risks across all of the taxes for which you are responsible Analyse and test existing tax control environments. . Test the robustness of the organizations framework. Ultimately the board is required to oversee an internal control framework that provides guidance on how all risks including tax risks are identified and managed within the business. There are several guidelines and frameworks for sustainability not exhaustive that include reporting guidanc...