Increasing the Effectiveness of Tax Collection

Description

Introduction

This course will explore tax collection strategy from Tax compliance to collecting debt through to the enforcement of any resulting judgment which maximises the chance of recovery, and stops expensive and unnecessary litigation.

This means that whatever the debtor’s circumstances and whatever type of debtor you are pursuing you will have a plan as to how to collect, litigate and enforce the judgment and use your plan to underline to the debtor the consequences of non-payment.

Course Content

• Composition of Tax Collections:
  • Federal Taxes
  • State Taxes
  • Additional Tax
  • Revenue Collection Strategies
• Issues in Tax debt collection
• Prompting Tax Compliance Strategy
• Global Trends in Tax Administration
• Negotiating and influencing
• Taxing HNWe  a preliminary approach

Learning Outcomes

• Understand the diversity of the debt collection in tax regulatory sector
• Know how to obtain sufficient information to commence the debt collection cycle following legislation
• Be able to develop a debt collection plan
• Understand compliance strategy
• Be able to develop an effective enforcement strategy
• Identify legal proceedings that can be implemented to recover the tax debt from a defaulter who may not pay their debts
• Understand the importance of effective communications involved in the debt recovery process to ensure compliance
• Know why individual third-party relationships within the consumer debt collection industry are necessary