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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms, and their related entities. DTTL (also referred to as "Deloitte Global") and each of its member firms and their affiliated entities are legally separate and independent entities. DTTL does not provide services to clients. Please see about to learn more.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax & legal and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the "Deloitte organisation") serves four out of five Fortune Global 500? companies. Learn how Deloitte's approximately 312,000 people make an impact that matters at .

Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region, including Auckland, Bangkok, Beijing, Hanoi, Ho Chi Minh City, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Osaka, Shanghai, Singapore, Sydney, Taipei, Tokyo and Yangon.

? 2019 Deloitte Southeast Asia Ltd

SAP Tax Insights Solution Pack Automate your tax compliance and reduce tax

Deloi

Predefine

Why does tax data compliance matter now?

47% increase in tax-related penalties collected during FY2011/12 to FY2014/15*

425,000

350,000

275,000

200,000 FY2011/ 2012

FY2012/ 2013

FY2013/ 2014

FY2014/ 2015

23% increase in total tax penalties between FY2012/13 and FY2014/15*

500,000

450,000

400,000

350,000 FY2012/13

FY2013/14

FY2014/15

* Data collected from IRAS Annual Report 2014

Lack of Data Visibility

Increasing Tax

Risks Globally Tighter

Stricter Regulatory

Scrutiny

Tax Requirements

Penalties

Fraud Risks

Unnecessary Tax Costs

How can Deloitte SAP Tax Insights benefit your future? Leveraging on our proprietary Tax Insights powered by SAP's Governance Risk and Compliance (GRC) platform, Deloitte helps businesses to automate analysis, track indirect tax on a transactional level, detect patterns and reveal insights from key data.

Identify indirect tax-saving

opportunities

Cut operational cost

Audit Compliance

Avoid fraud and regulatory violations

tte SAP Tax Ins

Ensuring the completeness of indirect tax data for accurate GST return submissions and indirect tax compliance

Vendor Master Data Procurement Transactions Invoice & Payment

Customer Master Data Sales Transactions Billings & Collection

Account Setting Financial Statement

scenarios

ights

So what's in the pack?

A simple plug-and-play solution to identify

your potential indirect tax risks

Full scan of your SAP system based on predefined tax scenarios

Enable automated continuous control monitoring of indirect tax risks powered by SAP GRC

platform

Deloitte Tax SME Knowledge

Database

Phase 1 ? Install & Assess

d assessment

SAP Tax Control Scenario

Tax report

Compliance concerns

? Transactions with invalid, incomplete or missing GST information such as supplier GST registration number

? Check date of invoice and date of processing to confirm

whether GST input tax is claimed in the correct periods

? Customer bills / suppliers invoices with multiple GST rates

? Omission of deemed supplies relating to gifts and business

goods used for private purposes.

? Variances between sales value reported in GST return

vs GL accounts

Tax saving opportunities

? Over-claiming GST on disallowed expenses

? Charging GST on supplies to overseas customers

? Zero-rating supplies made to local customers

? GST recoverability of employee expenses

? Accuracy of GST amount captured

Phase 2 ? Analysis and Recommendations

Identify indirect tax saving opportunities

Implement process changes

Fix indirect tax regulation requirement gaps

Deploy automated Continuous Control Monitoring solution

What are the benefits?

Find Indirect Tax saving opportunities

Tax Compliance CFO Manager Manager

?? Paying indirect tax promptly and correctly

?? Reduce human errors ?? Gain insights from data

Cut operational costs

?? Automated indirect tax reporting ?? Reduce unnecessary administration

costs ?? Streamline integration of tax

functions with business processes

Green audit compliance

?? Enhance audit transparency ?? Increase compliance measurement

level ?? Strengthen awareness of indirect tax

risks and non-compliant activities

Protect against fraud and regulatory violations

?? Automated Continuous Compliance Monitoring system

?? Identify potential indirect tax risk and real time email alert

?? Integrated remediation process to mitigate indirect tax risk

?? Prevent potential indirect tax violations

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