TaxIS

Tax Information System - TaxIS

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Sponsored by: Bayer AG

The Corporate Financial Portal (CoFiPot) has become one of the most frequently used tools within the Bayer Corporate Financial department. Based on the project’s success a new cooperation, called TaxIS – Tax Information System - between Bayer AG, Universität Karlsruhe (Prof. Weinhardt) and the university of Mannheim (Prof. Spengel) was initiated in 2005. The goal of the project is to support the tax planning process through the web based Corporate Finanical Portal. In order to create the data basis for tax planning the initial goal of the cooperation is the implementation of services to support the tax compliance process (graphic 1). The first compliance services (tax assessment, tax appeals and tax audit administration) were implemented at the beginning of 2008. For autumn 2008 the implementation of the remaining compliance services is planned. In parallel the first planning services are scheduled for testing towards the end of 2009.
The contribution of IISM to the project is the technical conception of the project. Due to the tax-specific requirements the conceptions also includes extensions the the core functionalities of CoFiPot. The research focus is on the effects that the constant growth of the portal cause. On the one hand the number of users is constantly growing causing a highly heterogeneous requirements profile. On the other hand the number of services has risen to a level that the mapping of users to required/useful services must be supported by tools.

News

Succesfull project with Bayer AG corporate finance (22.06.)

This month we have successfully finished a long-term project with the corpoprate finance department of Bayer. The goal of the TaxIS project was to control the tax department's processes using an internal corporate portal. With this tool it is now possible to control the entire tax-workflow with one application.
Parallel to the process implementation we have studied the effects of corporate portals on new users within the organization.  more
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TaxIS Services released (01.01.)

In January 2008 the first services to support the tax compliance process have been released. The internal web-portal CoFiPot now provides services to administrate tax assessments and appeals.  more
 

TaxIS services in testing (15.07.)

The first services for the Tax Information Services have entered the test phase.  more
 

Tax process analysis finished (11.02.)

Based on the analysis of the tax compliance process we have started to develop the first supporting services for the Corporate Financial Portal.
The main challenge will be to create services that are easy to use.  more
CoFiPot
The Corporate Financial Portal (CoFiPot) is the internal web portal for Bayer finance. It was created in 2001 in cooperation with the IISM and has been constantly extended.
It is currently used by more than 850 employees worldwide. The number of services provided is around 80, ranging from reporting and controlling services to automatic trading.
KIT – University of the State of Baden-Wuerttemberg and National Research Center of the Helmholtz Association