Average time taken to complete survey : 3 minute(s)
Do you have an in-house tax manager?
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
Yes
91
47.40%
2.
No
101
52.60%
Total
192
100%
Key Analytics
Mean
1.526
Confidence Interval @ 95%
[1.455 - 1.597]
n = 192
Standard Deviation
0.501
Standard Error
0.036
Bearing in mind there is always tax risk exposure, do you think you are tax compliant in one of the following degrees:
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
30% in that you have not determined transactional & operational tax risks
36
19.25%
2.
75% in that you have assessed and dealt with the above tax risks
54
28.88%
3.
100% in that, in addition to the above tax risks, you have also assessed the financial accounting tax risk
32
17.11%
4.
You dont know
65
34.76%
Total
187
100%
Key Analytics
Mean
2.674
Key Facts
63.64% chose the following options :
You dont know
75% in that you have assessed and dealt with the above tax risks
Least chosen option 17.11% :
100% in that, in addition to the above tax risks, you have also assessed the financial accounting tax risk
Confidence Interval @ 95%
[2.510 - 2.838]
n = 187
Standard Deviation
1.143
Standard Error
0.084
Do you have a documented tax strategy?
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
Yes
44
23.40%
2.
No
144
76.60%
Total
188
100%
Key Analytics
Mean
1.766
Confidence Interval @ 95%
[1.705 - 1.827]
n = 188
Standard Deviation
0.425
Standard Error
0.031
Which of the following is responsible for tax risk management in your company?
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
CEO
38
20.32%
2.
CFO
48
25.67%
3.
FD
45
24.06%
4.
Risk or Tax Manager
56
29.95%
Total
187
100%
Key Analytics
Mean
2.636
Key Facts
55.61% chose the following options :
Risk or Tax Manager
CFO
Least chosen option 20.32% :
CEO
Confidence Interval @ 95%
[2.477 - 2.796]
n = 187
Standard Deviation
1.115
Standard Error
0.082
Is there monthly, or more regular, communication between your tax compliance officer (who fills in tax returns) and the head of transactions involving imports/exports, mergers & acquisitions, or any other large capex transactions?
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
Yes
87
46.52%
2.
No
100
53.48%
Total
187
100%
Key Analytics
Mean
1.535
Confidence Interval @ 95%
[1.463 - 1.606]
n = 187
Standard Deviation
0.500
Standard Error
0.037
Same as the question above, is there communication between the tax compliance officer and the heads of various operating divisions in the company at least once a month
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
Yes
73
40.33%
2.
No
108
59.67%
Total
181
100%
Key Analytics
Mean
1.597
Confidence Interval @ 95%
[1.525 - 1.668]
n = 181
Standard Deviation
0.492
Standard Error
0.037
Are ALL your sales tax/ VAT, Income Tax, import/export, Excise and Payroll taxes tax returns 100% up to date and submitted? Are you sure? Is your info source 100% reliable?
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
Yes
107
56.91%
2.
No
81
43.09%
Total
188
100%
Key Analytics
Mean
1.431
Confidence Interval @ 95%
[1.360 - 1.502]
n = 188
Standard Deviation
0.497
Standard Error
0.036
Have you undergone a payroll audit from your Revenue Service in the last 2 years?
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
Yes
37
20.00%
2.
No
148
80.00%
Total
185
100%
Key Analytics
Mean
1.800
Confidence Interval @ 95%
[1.742 - 1.858]
n = 185
Standard Deviation
0.401
Standard Error
0.029
Have you undergone a sales tax/ VAT audit from your Revenue Service in the last 2 years?
Frequency Analysis
Answer
Count
Percent
20%
40%
60%
80%
100%
1.
Yes
61
32.97%
2.
No
124
67.03%
Total
185
100%
Key Analytics
Mean
1.670
Confidence Interval @ 95%
[1.602 - 1.738]
n = 185
Standard Deviation
0.471
Standard Error
0.035
Does your board discuss tax strategy and tax planning:
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