Prepared for digital tax audits

In many countries, such as Germany, the authorities are now able to audit electronic tax data. T-Systems offers a wide range of solutions that help companies prepare their ICT systems for this challenge.

Today, electronic data and IT-supported business processes are the lifeblood of every company. As a result, IT directors and CIOs are no longer simply responsible for making sure the business runs smoothly, but also for IT security, and for compliance with legal requirements, such as Germany's GDPDU regulations governing electronic access to and audit of tax-related data.

Since January 1, 2002, German tax authorities have been able to demand electronic access to tax-related data. Audits can be carried out either on-site, or the authorities can request that companies provide them with the data on storage media. However, according to a number of studies, less than 10 percent of German companies are actually prepared for an electronic audit. Nevertheless, the law now says that companies must have all tax-related data available in electronic format.

Some companies could be over-paying

Tax-related data needs cast-iron protection against manipulation. Without effective security mechanisms, companies run the risk of key financial figures – such as profit, costs and write-downs – being falsified. The potential damage could be enormous – and companies could even end up over-paying tax. However, T-Systems has a wide-ranging portfolio of products that help companies prepare their ICT infrastructures for digital tax audits.

Our specialists can provide answers to all questions related to digital tax audits. We structure your electronic data so that areas not relevant to electronic tax audits are not made available. And we ensure maximum security against manipulation. Call us to find out more.