Descriptive analytics help calculate tax liability more accurately. Give some examples of tax-related descriptive analytics.
Tax analytics opportunities • Understanding drivers of tax
in
key areas
• Predicting earnings, tax impacts,
sales and use taxes
• Making comparisons between
units over time
• Analyzing implications of
decisions, such as buying or
selling assets
• Sampling tax items to understand
potential errors and audit risk
• Analyzing unstructured
documentation
• Interpreting tax law
Descriptive analytics help calculate tax liability more accurately. Give some examples of tax-related descriptive analytics.
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PLEASE ANSWER. WILL GIVE THUMBS UP.
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