02 — Capability · BC-240.20
Direct Tax Compliance
File accurate income tax returns for every entity in every jurisdiction, pay what is due on the dates it is due, and keep the working papers that show how each number was reached.
- Corporate Income Tax
- Tax Return Preparation
In scope
- Income tax return preparation and filing
- Estimated payments and installments
- Withholding tax on cross-border payments
Out of scope
- Sales and value-added taxes (see BC-240.30)
Realized by · 0
- No product in the catalog yet.
Used in · 1
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 4
- BC-240.20.10Income Tax Return PreparationCompute taxable income from book income through the adjustments each jurisdiction requires and file the return in the required form.
- BC-240.20.20Tax Payments & InstallmentsCalculate and remit estimated and final tax payments so the enterprise is neither penalized for underpayment nor lending money to the government.
- BC-240.20.30Withholding TaxDetermine when payments to foreign parties require withholding, apply treaty rates where entitled, and remit and report what was withheld.
- BC-240.20.40Tax Compliance CalendarMaintain every filing and payment deadline across entities and jurisdictions in one place, with owners, so nothing is late because nobody knew.