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House of Commons Standing Committee on Finance Prejudge Consultations 2013 This brief is submitted by:Tax Executives Institute, Inc. An organizationOrganization name: ___an individualism: ___topic:Business

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What is statement of tax executives?

The statement of tax executives is a document that tax executives must complete to disclose their tax positions, strategies, and the overall tax compliance of their organization.

Who is required to file statement of tax executives?

Tax executives such as Chief Financial Officers (CFOs), tax directors, and other senior tax professionals in organizations are generally required to file the statement of tax executives.

How to fill out statement of tax executives?

To fill out the statement of tax executives, individuals must provide accurate and detailed information regarding the organization's tax policies, compliance status, and any specific disclosures required by the tax authority.

What is the purpose of statement of tax executives?

The purpose of the statement of tax executives is to ensure transparency in tax practices, to promote compliance with tax laws, and to assess the tax risk management within the organization.

What information must be reported on statement of tax executives?

Information that must be reported includes the organization's tax strategies, compliance with tax laws, governance processes related to tax, and any significant risks or areas of concern in tax compliance.

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