FPS Finance is developing a standardised format for remote corporate tax audits based on the OECD’s ‘Standard Audit File – Tax’ (SAF-T). This is important as remote controls and backup requests can pose data transfer issues, and members are reliant on software vendors. FPS Finance has launched a consultation round with software suppliers and is collecting feedback from professionals. The ITAA invites members to participate and provide feedback via a form. The data collected will be used internally to identify the needs of professionals and will be processed in accordance with data protection legislation.
Source: blogitaa.be
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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