Tax Compliance (TC) - Key Controls

Question 1

TC01.1

Answer 1

Ensure that tax returns and related filings are reviewed and filed in a timely manner.

Question 2

TC02.1

Answer 2

Specific tax matters are escalated to WPP Tax in accordance with the WPP Policy in a timely manner

Question 3

TC02.2

Answer 3

Tax audits and provisions held to cover potential exposures are escalated to WPP Tax in accordance with the WPP Policy in a timely manner

Question 4

TC03.1

Answer 4

Transfer pricing documentation and supporting agreements are maintained and up to date

Question 5

TC04.1

Answer 5

A review of the employment tax status of freelancers is undertaken when initially engaged and periodically thereafter

Question 6

TC05.1

Answer 6

Tax processes are reviewed to ensure that the Senior Accounting Officer sub-certificate and checklist are complete and accurate

Question 7

TC06.1

Answer 7

Review of the Sales & Use Tax position on supplier invoices

Question 8

TC06.2

Answer 8

Review of the Sales & Use Tax position on client invoices