Blog

SNI Tax Digitalization Online Symposium , 15 June 2021, 2pm CEST

SNI Tax Digitalization Online Symposium , 15 June 2021, 2pm CEST

“Taxology” means understanding tax technology without having to know IT. Evidence from the street suggests that without taxology, tax technology almost always underachieves. Therefore, tax professionals must become familiar with the basics to help them navigate their careers as digitalization takes hold. To learn more, join us at the SNI Tax Digitalization Online Symposium, 15 June 2021, 2-4 pm CEST. Get all the benefits of a full conference including networking ...
A Big Step Forward for Digital Readiness in Tax

A Big Step Forward for Digital Readiness in Tax

Congratulations, Giulia! – our latest certified taxologist! Giulia was a great student and made every effort to ensure she grasped the principles covered. She went the extra mile during certification and tackled all available questions. We asked Giulia a few questions about her experience with the program: As a VAT manager, I was struggling mainly with two aspects: 1) interacting with IT and trying to find a common “language”  to ...
"You Made Tax Technology Interesting"

“You Made Tax Technology Interesting”

“You made tax technology interesting”, a valued colleague told me as I was winding up an engagement with her team. This pleased me enormously because it meant she was starting to see a new way.

Now, if I had been there as a tax technologist, it is unlikely she would have made this comment, but I was there as a taxologist, and that is something quite different (in truth, ...
Tax Needs Digital-Age Toolsets for Digital-Age Problems

Tax Needs Digital-Age Toolsets for Digital-Age Problems

Taxtanic meets digitalization iceberg! Acknowledgement @Digital Journal The tide turned during the pandemic. Flood gates are buckling as it becomes clear that the need for action around technology & digitalization is now urgent and imperative. We see it happening across our contacts & network, and the big service providers, specialist industry recruiters, and vendors of software solutions have never been busier. It is an amazing time to be in tax ...
Taxology - Back to Basics

Taxology – Back to Basics

Why taxology is reaching an inflection point! In preparation for new and evolving insights & materials to be introduced at the 14th Group Indirect Tax Exchange, Geoff Peck (above) is interviewed by specialist recruiters, Harvey John. In a two-part blog, they go back to basics and ask: What is a taxologist? Technician or something different?, and What does the future hold for the tax industry?
They also ask, “Does technology ...
Shackleton's Taxologists

Shackleton’s Taxologists

Crazy, mad, ridiculous; yet strangly compelling! Who would be a taxologist today? They have no job description, no proper role, indeterminant skills, are misunderstood and much maligned. Most in the industry don’t know who they are, whether they should get one, or what to do with one if they did. They are thought of as “IT for tax”, but that is contrary to the nature of the digital transformation pervading ...
14th Group Indirect Tax Exchange

14th Group Indirect Tax Exchange

We are sponsors and key presenters and invite you to attend. 20+ Speakers, 200+ attendees The first day free for in-house tax & finance. See https://www.thoughtleaderglobal.com/indirecttax2021 for full agenda and speaker list. Our topic, as always, will aim to bring tax and technology together in harmony through understanding, awareness, and knowledge of the digital realm … Ably supported by one of our breakthrough certified taxologists … Register here ...
The Seven Deadly Sins of Tax Technology

The Seven Deadly Sins of Tax Technology

How to avoid them and beseech virtues instead! COVID-19 has been a watershed for technology and so it will prove to be for the digitalization of tax. Until now, the standard approach to IT in tax was tolerated despite being not good enough, cheap enough, or quick enough to deliver. That ended when tax was swept over the edge of the digital divide during the pandemic along with many others ...
Time To Be Free

Time To Be Free

Gain certification today. It’s time. Last few weeks of Early Bird discount with Lifetime Membership Smart Tax Technology certification program Learn More Contact us to schedule a breakthrough call ...
Coming Soon: The New Tax Function

Coming Soon: The New Tax Function

How far are you on your digital transformation journey? The scale below may offer some guidance. Starting at the top, which is the last statement that accurately describes your tax function today (be honest)? 5% – the word “transformation” has entered the lexicon but plans are non-existent or lack coherence 7% – a tax or IT professional is put in charge of tax technology without any proper training 10% – the ...
The Five Laws of Tax Data

The Five Laws of Tax Data

Hundreds watched the insightful tax ‘data’ video from the last post and loved it, but thousands felt 13 minutes was too long and bypassed it. I sympathize – I would bypass it too if I’m busy, even for a snippet so central to the future of tax. So, here’s a short, sharp, incisive lead-in: The Five Laws of Data for the Digitally-Enabled Tax Function: Law #1: ‘Data’ is at ...
Real-world Tax Data Modelling

Tax Data – Secrets Revealed

‘Data’ is the key to digitally enabling your tax function, and this is well understood. But few know how to make this actually happen. What’s more, it’s easy to get off on the wrong foot. So, how have some companies made tax data a true strategic asset? Watch this 13 min video to reveal their secret ...
Taxology Stumbles and Evolves

Taxology Stumbles and Evolves

The Evolution of Technology in Tax Studies The nascent body of knowledge required by a taxologist is under fire, despite showing real value spearheading tax into the digital era. “I resent the pseudo-profession that claims to be taxology − it muddies the waters when my focus is meeting customer needs“, exclaims a seasoned consultant. We disagree, but then again, it’s easy to see why he thinks this way. Besides the ...
Embracing Tax Technology - The Full Perspective II

Embracing Tax Technology – The Full Perspective II

Your impact on corporate tax systems may be far greater than you think. @Courtesy Michael Sporn Animation, based on original images from Disney’s 101 Dalmatians Alex has a special skill. He can read systems. This was not a talent he set out to acquire; one day it just happened. Perhaps it started some time ago when he remembers a financial whizz reading a balance sheet. “Your accountant is stealing from ...
Tax and Technology - Still WiP?

Tax and Technology – Still WiP?

Married, but uncomfortable bedfellows. The spring round of conferences is drawing to a close and it’s clear our industry is in robust health. Attendances were good, conversations were unfettered and it’s great to see how technology for tax keeps moving forward. However, something else stands out. The gap between the capability offered by tax technology and the degree to which those capabilities are capitalized upon effectively by customers is wide, ...
Smart Tax Technology on a Roll!

Smart Tax Technology on a Roll!

Coming thick ‘n’ fast! Another new release. Tax is moving into a new phase. The usual strategy for technology no longer delivers. Companies must look beyond simply selecting the next product to install or service to buy for new ideas. There’s a strong sense that something is missing, which makes taxology more important than ever. So, what’s missing? Certainly, the “people” part of people, process and technology is grossly under-served ...
A New Addition to Smart Tax Technology

A New Addition to Smart Tax Technology

   Better Innovation with Tax Technology – The Fundamentals The Smart Tax Technology Certification Program is again moving forward with a new bonus part for Part #3 Smart Innovation. “Activity Flow for Success” It introduces the PawPaw “Y”, an easy-to-grasp diagram that depicts the basic principles for improved technology adoption. It offers vital grounding for the forthcoming Part #3 as well as the entire program. It is available now to ...
Taxology Gets Personal. New Services Launched

Taxology Gets Personal. New Services Launched

Tax professionals are becoming aware of two things: their dependency on digital systems, and that they must know more about this area themselves. Handing this responsibility to others has proved largely unrewarding. Increasingly embedded as business partners within companies, the tax team is assuming more responsibility and ownership over systems, projects and processes as they relate to tax, but there are concerns. For a group of people used to high ...
Embracing Tax Technology - The Full Perspective

Embracing Tax Technology – The Full Perspective

Is Your Approach to Tax Technology Governance Fit For Purpose?  The litany of challenges facing today’s Tax leadership makes for uncomfortable reading. A quick look into the alphabet soup reveals BEPS, CbCR, SAF-T, SII, AEOI, IFRS and even GDPR, never mind US tax reform, VAT in the GCC, GST in India, changes in China, transfer pricing complexities and taxing the digital economy. However, these are just the external highlights. Within ...
Tax Technologist vs Taxologist? And Why It Matters

Tax Technologist vs Taxologist? And Why It Matters

The shortage of good technology skills in Tax is acute, yet there’s little meaningful discussion about the nature of those skills. The industry is short-changed as a result. Technology is running amok through Tax in more ways than one. Less obvious is the impact its having on traditional roles, responsibilities and skill sets. How do we know this? Because if there was no issue, we would not see the following:
    ...
A Profession for Taxologists! It's Time

A Profession for Taxologists! It’s Time

In 2014, Thomson Reuters began giving “Taxologist” awards to those who succeeded with their Tax Technology products. Now the term has adopted a broader meaning and labels a set of skills that are fast becoming as distinct as they are vital to tax function success. It’s time to treat them as such. The pace of change in the tax world, driven by technological advancement, is bewildering. Such is the impact ...
What Is A Taxologist? Part II

What Is A Taxologist? Part II

As the impact of technology in Tax grows, so do concerns around the best way to deal with it. Getting a handle on it starts with better visibility and understanding of technology and its usage, namely, the talents of a Taxologist. They’re critical to the health of tax solutions. In the previous article, we offered a definition of a Taxologist (What is a Taxologist? Part I) to describe, embody and ...
What Is A Taxologist? Part I

What Is A Taxologist? Part I

The definition of a Taxologist can vary, so let’s hone in on one that offers the most overall value to multi-national corporations. Their importance is matched only by the lack of clarity around who they are. As agents of change, language and technology work well together. Take smartphones for example. Adding a camera to a phone seems like an innocuous innovation until the words ‘selfie’, ‘selfie stick’, and ‘photobomb’ are ...
2018: A 'Technology in Tax' Inflection Point?

2018: A ‘Technology in Tax’ Inflection Point?

The term “Tax Technology” doesn’t seem quite right anymore. It’s sounds too one-step-removed, like technology is “over there” and it can be dismissed as is someone else’s problem. Maybe calling it “Technology in Tax” is better, because 2018 stands to be the year when the business of “Tax” becomes indistinguishable from the technology that underpins it. This heralds a sea-change in approach. As 2018 arrives, it’s hard to fathom all ...
The First Training EVER For Taxologists (And Those Who Work With Them)

The First Training EVER For Taxologists (And Those Who Work With Them)

Specific skills are vital for success with tax technology. But with few guidelines and no suitable training these skills were hard to put your finger on, until now. The ‘Smart’ Tax Technology Advanced Program is more than a course. It’s also a living support community and an instant-access resource. Recently we introduced the Tax Technology Insight Series (click here to view the announcement) where we explained how certain thought ...
The Tax Technology Insight Series: New, In Depth, A Milestone

The Tax Technology Insight Series: New, In Depth, A Milestone

This has been needed for a while. Tax managers ask us, “If there’s so much information out there, why are there still so few answers?” In this series we open the ‘black box’ and explore technology for what really matters and why. Join us for a journey that until now was not possible. At recent conferences, we were taken aback at the level of perplexity surrounding tax technology. Companies struggle ...
The Tax Data Analytics Conundrum

The Tax Data Analytics Conundrum

What can Tax managers at MNCs expect from the latest offerings? Tax data analytics is arguably the hottest topic in global tax technology today.  A raft of new offerings have entered the marketplace accompanied by soaring rhetoric and grand promises.  The new products, leaning heavily on the principles of big data, suggest that Tax managers will have a degree of insight, driven by data, that previously was unimaginable.  Are Tax ...
PawPaw Taxology to Sponsor 6th Strategic Indirect Tax Director's Forum

PawPaw Taxology to Sponsor 6th Strategic Indirect Tax Director’s Forum

PawPaw Taxology are pleased to announce our participation in this independent event. The conference will explore key topics facing today’s tax departments in an open and informative manner. If not already registered, we would be most pleased to see you there. Marcus Evans Indirect Tax Forum – Frankfurt 15-17 February 2017 ...
Why do Taxologists need Data skills?

Why do Taxologists need Data skills?

Data skills can make the difference between a good Tax Technologist and an excellent one! Tax Technologists rightly covet their knowledge of Tax engines, ERPs and Tax Reporting tools as well as their implementation experience. These are the headline skills that recruiters look for and lands them jobs. However, the skills that bring extra levels of success are those associated with data. The converse is also true, namely that a ...
What's the distinction between "digitalization" and "tax function transformation"? The market is unclear. By the way, "automation" is different again

What’s the distinction between “digitalization” and “tax function transformation”? The market is unclear. By the way, “automation” is different again

And will this finally explain what a Taxologist actually does? There are many aspects to the challenges currently engulfing the Tax function at major corporations.  Yet historically there has been a temptation to respond to these challenges in simple terms – namely, buy expensive technology, implement, create new business process maps and the job is done.  Over time, however, the industry have discovered this can yield inadequate results and that an alternate, and hopefully more effective, approach is needed ...
So, why can't we use Excel for Tax Reporting?

So, why can’t we use Excel for Tax Reporting?

Excel has been described as the most important business software application in use today.  It is convenient, inexpensive, easy to use, versatile and for all intents and purposes universally available on each office worker’s laptop.  However, this does not mean that every data manipulation task requires an Excel-shaped solution.  So, for Tax reporting and finance activities where does the suitability of Excel begin and where does it end? Tax Reporting ...
Brexit – Don't End Date the UK Yet

Brexit – Don’t End Date the UK Yet

Despite the referendum result the UK is still in the EU for now.  All EU VAT rules including those around intra-community supplies of goods and services, and the reporting obligations such as EC Sales List still apply.  There is no need to change anything in your tax solutions at this point. So, when? All things being equal the process to exit will not start until the UK government officially notifies the ...
Tax Digitization Strategy? Don't start with Technology

Tax Digitization Strategy? Don’t start with Technology

Brief: Technology adoption within the context of Tax function transformation It had been an enjoyable night out with industry associates that we had known for a long time.  We were nearing the end of the evening and everyone was feeling relaxed.  Amongst us were two senior tax managers from a Fortune 500 company that had had a global tax technology strategy in place for more than a decade.  One leaned across to ...
The Evolving Role of the Taxologist

The Evolving Role of the Taxologist

Tax and Tax Technology welcomes CBO Search as a new and specialist recruiter to the industry.  In addition to providing a service for executives and experts in the popular products, Candice Bordeaux, its founder, differentiates herself by exploring the role of the Taxologist.  A true Taxologist drives evolution within the Tax function and assists in encapsulating the impact of technology thereby improving its effectiveness and reducing IT risk. In an ...
Tombstone Sheriff saves Tax Technology day

Tombstone Sheriff saves Tax Technology day

We have a new hero.  For years this person has travelled the world performing Indirect Tax automation projects and installing Tax Technology software.  He takes with him the largest cabin bag that will fit into the overhead locker of the budget airline with the tightest carry on luggage restrictions, and an iPad.  He is educated, clever and a chameleon, forever adapting to the daily rough and tumble of the ...
Are Zero-Defect Tax Technology Projects Possible?

Are Zero-Defect Tax Technology Projects Possible?

What a concept!  A Tax Technology project delivered without fault!  Surely this is outside the field of reference for many; but for others, and hopefully you are one of them, it is at least in the realm of the (improbably) possible. What do we mean by zero defect?  As a minimum this is a project that goes live on time, within budget, meets 100% of expectations, and has no ...
Tax Technology 2016.  Making a list, checking it twice …

Tax Technology 2016. Making a list, checking it twice …

The Tax Manager jumps up onto Santa’s knee while eyeing a bulging sack in the grotto labelled Tax Technology Toys.  “… And what would YOU like for Christmas”, asks Santa sweetly.  “I know I want something but I’m not really sure what it is or what it looks like; but I do know that when I have it I will be absolutely sure whether it is right or not!”  The year 2015 saw a ...
VAT SAP 2015 Summit

VAT SAP 2015 Summit

Just returned from presenting at #VATSAP2015 and discussing #VATAutomation and #GolbalTaxTechnology. It was great to see old faces and make connections with new ones ...
How Tolstoy understood Tax Technology projects

How Tolstoy understood Tax Technology projects

“All happy families are alike; each unhappy family is unhappy in its own way.”
– Leo Tolstoy, Anna Karenina (1877) Recently we were asked to deliver a workshop to a group of senior VAT function personnel from a diverse set of large corporations. The prearranged title was – 5 secrets of success for automating tax determination Over the next 2.5 hours the discussion was lively, illuminating, informative and worthwhile, but ...
Tales from the Tax Technology travelogue

Tales from the Tax Technology travelogue

It has been another good conference. It’s a warm afternoon on the last day, and the presenter enthusiastically wades through lessons learned during the adoption of Tax Technology for VAT at his company. His was not the first on this topic. Earlier in the day we had a vendor espousing the latest greatest features of their products. The previous day a guest speaker had eulogised on how technology would transform the world of Tax ...

Subscribe to PawPaw Taxology

Subscribe to receive notifications of new posts on PawPaw Taxology by email.

We do not like spam any more than you do.

Recent Comments