Development of a Configurable Individual Taxation and Compliance System

The client faces challenges in accurately processing individual tax declarations, particularly in ensuring compliance with regional regulations, supporting multi-currency transactions, and providing secure, role-based access controls for various user types. Existing manual or semi-automated processes risk inaccuracies and inefficiencies.

A government revenue authority seeking a comprehensive digital platform to handle individual tax submissions, computations, and reporting with multi-currency support and role-based permission controls.

• Design and implement an automated tax computation system that covers all applicable formulas with configurable parameters.
• Ensure precise tax calculations supporting multiple currencies using real-time exchange rates from authoritative sources.
• Enable seamless integration with national revenue authority's submission system via XML file generation.
• Develop role-based permission controls to manage visibility and editing rights across different user roles.
• Create comprehensive reporting and document export capabilities, including PDF summaries.
• Implement scalable, secure architecture adhering to government standards.

• Integration with external government tax authority systems for submitting XML files such as tax forms and questionnaires.
• Configurable tax formulas for accurate and comprehensive calculation coverage.
• Support for multi-currency processing with real-time exchange rates via authoritative APIs.
• Role-based permission management to control field visibility, edit rights, and user access levels.
• Import/export functions for tax data, including PDF report generation.
• Audit trail and logging of all transactions for compliance and review.
• Scalable background job processing using a robust task scheduling system.

• Government tax authority XML submission API
• Monetary Authority API for real-time currency exchange rates

• System must support concurrent processing of multiple submissions with high accuracy.
• Achieve 99.9% uptime and reliable background job execution.
• Ensure data security and role-based access control in compliance with government standards.
• Scalable architecture to accommodate increased user load and data volume.

This new platform aims to significantly improve tax compliance accuracy and efficiency, reducing manual processing errors, and enabling timely submissions. It is expected to support multi-currency transactions seamlessly, ensuring compliance with regional standards. The system will enhance reporting capabilities, streamline user management through role-based access, and facilitate future scalability, leading to increased operational efficiency and user satisfaction.