Tax Filing in the Global Tax Community

1
Tax Filing in the Global Tax Community

• Terry Lutes Alluvion/The M Group

2
Introduction

• Support for XBRL among tax administrations is
  growing
• Once tax administrations understand XBRL, the
  selling is easy
• How to get to the goal is the issue most tax
  administrations are facing

3
Countries With Major Initiatives

• The Netherlands
• United Kingdom
• Canada
• Japan
• Australia
• New Zealand
• Most of these will be discussed in depth during
  the day or elsewhere during the conference.

4
The OECD

• Originally sponsored establishment of the OASIS
  effort
• Almost immediately got behind the Committees
  recommendation of XBRL FR for tax reporting by
  businesses
• Encouraged completion of latest version of XBRL
  GL
• At September meeting of Taxpayer Services
  Subgroup, unanimous endorsement of XBRL FR and GL
  as strategies for future of tax administration by
  the 29 countries present
• E-Audit Committee (formerly SAF Committee) has
  also supported XBRL GL as meeting the compliance
  needs of tax administrations

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Other Countries

• Other bodies such as CIAT (inter-American tax
  administrators) have expressed conceptual support
• World Bank/IMF/USAID/USTDA are showing interest
  related to tax administration related projects
  they support in Third World countries
• Individual interest by other countries on their
  own

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Across The Board Issues

• Strategy to get there is an issue for most
• Timeline
• Cost
• Software industry support
• Taxpayer reaction
• Political support
• Tax administration specific vs. whole of
  government approach

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What Non-Tax Administrators Can Do

• Continue to spread the word
• Sharper focus on the business case for tax
  administrationsparticularly for administrators
  that may not fully understand the technical
  intricacies
• Vendors need to commit to what they mean when
  they say we will support XBRL to provide
  product certainty
• Assistance resources need to be available to
  assistnot all countries can participate in
  broader XBRL development efforts, thus building
  expertise

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Role of Alluvion/The M Group

• We actively support XBRL in our business
  development efforts
• U.S. federal agencies
• World Bank
• IMF
• USAID
• USTDA
• Corporate tax departments
• We work with our partners and clients to help
  them understand the benefits of XBRL
• We are building consultant cadre to work with
  government agencies and corporate tax department
  on XBRL strategies and implementations

9
Thank You

• Terry Lutes
• Vice President, Government Consulting
• Alluvion, Inc. and The M Group
• www.alluvion.biz
• (Office) 1 [phone]
• (Mobile) 1 [phone]
• tlutes_at_alluvion.biz