Financial Management::Perform Regulatory & Tax Accounting::Ensure Tax Compliance

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Ensure Tax Compliance : Public <<TMF_Process>> eTOM Process
Created: 6/28/2022 5:25:22 PM
Modified: 1/16/2025 11:26:34 AM
Project:
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#lt;div#gt;Ensure Tax compliance refers to fulfilling legal obligations related to taxation imposed by the government. The primary objective is to ensure timely and accurate filing of tax returns in accordance with tax laws and regulations. It involves:<br/><br/>1. Accurate calculation and reporting of taxable income and deductions.<br/>2. Timely submission of tax returns and necessary documentation.<br/>3. Prompt payment of due taxes (including estimated taxes, employment taxes, and sales taxes).<br/>4. Maintaining accurate records for tax-related transactions.5. Honesty, transparency, and adherence to all legal tax obligations.#lt;/div#gt;<br/>
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Element Source Role Target Role
«TMF_Process» Perform Regulatory & Tax Accounting
eTOM Process «TMF_isComposedByProcess»
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«TMF_Domain» Enterprise Domain
Domain «TMF_DomainAggregatesProcess»
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Tag Value
BriefDescription Tax compliance refers to fulfilling legal obligations related to taxation imposed by the government.
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HierarchyLevel 4
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Description: the level of this object in the hierarchy (1-x integer)
Issue Business Process Framework 20.0 Addition
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Maturity 4
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Description: the maturity level of this element  (1-x integer)
Process Identifier 1.7.5.7.1
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TMFStatus Not Fully Developed
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Values: Released,Preliminary,Draft,Not Fully Developed,likelyToChange,likelyToBeDeprecated
Description: the TM Forum status
UID 03160
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Description: Unique Process ID
Property Value
isFinalSpecialization: 0
Object Type Connection Direction Notes
«TMF_Function» Income Tax Calculation Function Realization From  
«TMF_Function» Property Tax Calculation Function Realization From  
«TMF_Function» Sales & Use Tax Calculation Function Realization From  
«TMF_Function» Tax Information Reporting Function Realization From