Corporate Investigations to
Determine and Eradicate
Tax Fraud and Leakages

22 - 26 April 2024
Sandton Centre Johannesburg South Africa

Corporate Investigations to Determine and Eradicate Tax Fraud and Leakages

Register Now! Limited Seats Available!

R19, 999.00 Per Delegate

Course overview:

In recent years, governments across Africa have launched various initiatives aimed at widening their tax net and stemming leakages in tax collection. As governments tax departments strive to tackle these issues, they’re often hampered by a lack of intelligent tax solutions to help track revenue leakages and tax evaders. Also, the audits that tax departments carry out on businesses often fail to produce significant improvements in tax compliance or revenues.

This course focuses on providing participants with the knowledge and skills to work within the environment of tax evasion, leakage and investigation of fraudulent activities.

The program has been developed as a practical course using tax fraud, leakage and evasion scenarios to provide participants with a learning environment that will allow them the best opportunity to apply their newly acquired knowledge and skills in the real world.

Course Objectives:

Upon completing this Tax Crime and Fraud Investigation course successfully, participants will be able to:

  • Conduct effective tax crime and fraud investigation
  • Identify the critical factors of the tax crime and fraud investigation process
  • Technology Tools to Tackle Tax Evasion and Tax Fraud
  • Adopts Digital Tax System to Check Leakages, Enhance Revenue
  • Identify the elements required for tax crime and fraud investigative decision-making
  • Understand the principles of the “Investigative Mindset”
  • Summarise the fundamental elements of investigative strategies
  • Recognise the key stages of tax crime and fraud investigation
  •  

Who Should Attend?

  • Tax agents
  • Tax advisors
  • Legal counsel and lawyers
  • Tax advisers
  • Corporate Intelligent
  • General tax practitioners
  • Tax practitioners in advisory firms
  • Beginners in tax commercial and trade industries
  • Government officials
  • Enforcement Manager
  • In-house tax directors/managers
  • Tax regulation bodies
  • Tax and financial crime investigators
  • Financial analysts
  • Judicial officials

Course Outline:

WHAT IS TAX FRAUD? DEFINITION, CRITERIA, Vs. TAX AVOIDNCE

  • What is Tax Fraud?
  • Understanding Tax Fraud
  • Tax Fraud vs. Negligence or Avoidance

ADOPTS DIGITAL TAX SYSTEM TO CHECK LEAKEAES, ENHANCE REVENUE

Technology can transform three core functions of tax administrations:

  • Identifying the tax baseDetermining an accurate picture of tax compliance by businesses and individuals poses a considerable challenge for any authority
  • Monitoring compliance Modern data analytic tools can help tax authorities monitor and enforce compliance through automated cross-checks of self-reported tax liabilities against other data sources
    • Moreover, the analysis of such third-party data could support risk-based audits, potentially improving the transparency and efficiency of the auditing process.
  • Facilitating complianceTechnology such as EFDs, e-filing and e-payment can improve taxpayer experience and reduce compliance costs by optimizing communication with taxpayers,

MANAGING AND LEADING INVESTIGATIONS – DOMESTIC AND INTERNATIONAL

  • Introduction
  • The importance of financial investigations
  • Management of financial investigations
  • Leadership skills
  • Managing limited resources
  • Domestic investigations
  • International investigations

BENEFICIAL OWNERSHIP

  • The fundamentals of ownership
  • Asset ownership and their tax commitments
  • Misuse of corporate legislations
  • Offshore companies and tax crimes

INVESTIGATIVE TECHNIQUES

  • Sources of information
  • The investigative responsibility of banks and other economic institutions
  • Prosecutorial and investigative challenges
  • Threats and risks assessments

COMPLEX MONEY LAUNDERING

  • Illicit flows of finances
  • Track money in complex financial arrangements
  • Case study: Money laundering in an industry of choice

BRIBERY AND CORRUPTION

  • Bribery and corruption awareness
  • Role of tax and financial crime investigators in combating offences
  • Awareness for tax examiners and auditors
  • Issues pertaining to bribery and other types of corruption
  • Support on how to recognise indicators of potential bribery attempts
  • Corruption in the direction of routine tax assessments and audits

 INTERNATIONAL CO-OPERATION

  • Risks posed by corruption and money laundering
  • Effective co-operation between government agencies and countries
  • Current initiatives to improve inter-agency co-operation

FINANCIAL INTELLIGENCE UNITS

  • Usage of modern techniques to identify connections between suspects of financial crimes
  • Various agencies involved in the battle against financial crimes
  • International instruments available

SUSPICIOUS TRANSACTIONS REPORTS

  • Electronic sales suppression
  • False invoicing
  • Identifying tax crimes via transaction reports
  • Checklist to audit corporate reports

INTELLIGENCE ANALYSIS

  • Analysis of different co-operation models
  • Combating financial crime
  • Models for sharing information between tax administration and law enforcement units

ADVANCED INTERVIEWING TECHNIQUES

  • Methods of proof
  • Planning, conducting and recording interviews
  • Best practices
  • International initiatives
  • Planning, conducting and recording interviews
  • Investigative techniques
  • Effective interview guidelines
  • Dos and don’ts of investigative interviews
  • The role of human psychology in conducting investigative interviews

 IDENTIFYING, FREEZING AND RECOVERING ASSETS

  • Functions of point of sales systems
  • Areas of risk to tax administrations
  • Case Study: issue of tax crime in the fisheries sector
  • Frauds over taxes on profit and earnings
  • Customs duties
  • VAT
  • Social security
  • Recovering the proceeds of crime

End of the workshop

IN HOUSE AND ONLINE TRAINING

While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.

For Registration and other Training arrangements,
contact us on the detail below.

SOUTH AFRICA : +27 11 057 6001
TANZANIA Cell: +255 769 688 544
WhatsApp +27 79 574 0389
info@bmktraining.co.za / www.bmktraining.com