Tax function effectiveness

How your business wins from a transformation of the tax function

More specific examples:

Transformation of the tax • data gathering can be reduced when information for
function can generate a Tax is tagged properly at the ledger level, thereby
number of advantages: reducing task time for the Finance team overall
• reduced risk of errors in • data flowing directly from the general ledger to Tax
financial statement and tax software (or tax computations directly embedded
filings within the broader ERP platform) and integrated
• diminished risk of ‘regulatory’ tools can reduce manual tasks and errors
entanglements and improved • flexible processes that utilise technology can handle
ability to address tax audits tax law changes rather than adding manual
• stronger tax control framework, processes (e.g. recent tangible property repair
equating to lower financial tax regulations)
risks • on-line collaboration tools can help automate
• new analytical capabilities, document management and internal controls
adding to the organisation’s • shared service center or other co-sourcing options
ability to plan, forecast and can improve cost savings for tax compliance
collaborate on new business functions such as data collection and forms
opportunities preparation
• a more empowered, • improved communication and workflows between
strategically placed workforce, Finance and Tax personnel can boost efficiency,
enabling quicker change. paving the way for greater cohesiveness going
forward.

www.pwc.kz
How can we help?
We see our role as helping you to get the most out of
your company’s tax function.

Start with a current state assessment

A tax function assessment provides a strategic "stake in
the ground" to develop the path to a future state, and
support the business case for transformation. For new
tax leadership or non-tax stakeholders (finance/C-suite),
a tax function assessment can provide an independent,
candid view of the tax function operations and risks.

Define the
Future State

Assess 02
Strategize
the the
Function 01 03 Roadmap

Your
Transformati
on Journey
06 04
Collaborate
& Leverage Innovative
Technology 05 technology
Tools
Automate
Processes
&Upskill
Workforce
Design your future
Disruptions quickly uncover the areas of deferred maintenance in organizations. Although
companies are strategically managing expenses through adverse events, these investments are
key to maintaining the continuity of work and preparing for recovery. This kind of vision will help you
achieve a resilient operating model for the long term.

Define the Department

Define function ownership and evaluate
operating models (in-house, outsource, co-
source)

Enhance the Prosses

Understand reliability and commonality of
source data, ensure appropriate process
documentation, and identify all pain points

Refine Controls
Prioritize high-risk processes on profile &
materiality and refine control documentation

Enable through Technology

Develop digital transformation roadmap through
small automation & technology tools

Align the Resources

Develop interdepartmental resource strategy
enabled by automation, and technical /
technology upskilling
 Assess and align your operating model
Companies have different appetites for change. PwC helps clients in many ways, ranging from
supporting your in-house tax function through consulting services, to fully onboarding and insourcing
the tax function within PwC.

Contacts
Elena Kaeva Mariya Rychkova
Partner, Tax Services Senior Manager, Tax Reporting & Strategy
+ 7 727 330 32 01 (ext. 4004) + 7 727 330 32 01 (ext. 4035)
elena.kaeva@kz.pwc.com mariya.rychkova@kz.pwc.com

Ailgul Alimbayeva Aiya Shintayeva

Senior Manager, Tax Services Manager, Tax Reporting & Strategy
+ 7 727 330 32 01 (ext. 4105) + 7 727 330 3201 (ext. 4003)
aigul.alimbayeva@pwc.com aiya.shintayeva@pwc.com

Gulnaz Issatova
Manager, Tax Reporting & Strategy
+7 7172 55 0707 (ext. 4063)
gulnaz.issatova@pwc.com
Tax function effectiveness
How your business wins from a transformation of the tax function

More specific examples:

Transformation of the tax • data gathering can be reduced when information for
function can generate a Tax is tagged properly at the ledger level, thereby
number of advantages: reducing task time for the Finance team overall
• reduced risk of errors in • data flowing directly from the general ledger to Tax
financial statement and tax software (or tax computations directly embedded
filings within the broader ERP platform) and integrated
• diminished risk of ‘regulatory’ tools can reduce manual tasks and errors
entanglements and improved • flexible processes that utilise technology can handle
ability to address tax audits tax law changes rather than adding manual
• stronger tax control framework, processes (e.g. recent tangible property repair
equating to lower financial tax regulations)
risks • on-line collaboration tools can help automate
• new analytical capabilities, document management and internal controls
adding to the organisation’s • shared service center or other co-sourcing options
ability to plan, forecast and can improve cost savings for tax compliance
collaborate on new business functions such as data collection and forms
opportunities preparation
• a more empowered, • improved communication and workflows between
strategically placed workforce, Finance and Tax personnel can boost efficiency,
enabling quicker change. paving the way for greater cohesiveness going
forward.

www.pwc.kz
How can we help?
We see our role as helping you to get the most out of
your company’s tax function.

Start with a current state assessment

A tax function assessment provides a strategic "stake in
the ground" to develop the path to a future state, and
support the business case for transformation. For new
tax leadership or non-tax stakeholders (finance/C-suite),
a tax function assessment can provide an independent,
candid view of the tax function operations and risks.

Define the
Future State

Assess 02 Strategize
the the
Function Roadmap
01 03

Your
Transformati
on Journey
06 04
Collaborate &
Leverage Innovative
Technology 05 technology
Tools
Automate
Processes
&Upskill
Workforce
Design your future
Disruptions quickly uncover the areas of deferred maintenance in organizations. Although
companies are strategically managing expenses through adverse events, these investments are
key to maintaining the continuity of work and preparing for recovery. This kind of vision will help you
achieve a resilient operating model for the long term.

Define the Department

Define function ownership and evaluate
operating models (in-house, outsource, co-
source)

Enhance the Prosses

Understand reliability and commonality of
source data, ensure appropriate process
documentation, and identify all pain points

Refine Controls
Prioritize high-risk processes on profile &
materiality and refine control documentation

Enable through Technology

Develop digital transformation roadmap through
small automation & technology tools

Align the Resources

Develop interdepartmental resource strategy
enabled by automation, and technical /
technology upskilling
 Assess and align your operating model
Companies have different appetites for change. PwC helps clients in many ways, ranging from
supporting your in-house tax function through consulting services, to fully onboarding and insourcing
the tax function within PwC.

Contacts
Elena Kaeva Mariya Rychkova
Partner, Tax Services Senior Manager, Tax Reporting & Strategy
+ 7 727 330 32 01 (ext. 4004) + 7 727 330 32 01 (ext. 4035)
elena.kaeva@kz.pwc.com mariya.rychkova@kz.pwc.com

Ailgul Alimbayeva Aiya Shintayeva

Senior Manager, Tax Services Manager, Tax Reporting & Strategy
+ 7 727 330 32 01 (ext. 4105) + 7 727 330 3201 (ext. 4003)
aigul.alimbayeva@pwc.com aiya.shintayeva@pwc.com

Gulnaz Issatova
Manager, Tax Reporting & Strategy
+7 7172 55 0707 (ext. 4063)
gulnaz.issatova@pwc.com