Turn Non-Compliance into Revenue
Non-filing and underreporting taxpayers cost your state millions of dollars in unrecoverable revenue every year. And it’s a situation that will only grow worse if your agency doesn’t have the tools and techniques to identify those non-complying taxpayers in the first place.
Teradata® Tax Discovery helps you turn that non-compliance into vital revenue for your state. It’s a data warehouse-based approach that identifies ranked lead lists on non-filing and underreporting businesses and individuals for all appropriate tax types. And it’s a solution that you can capitalize on with little or no up-front investment.
That’s because Teradata Government Systems will supply everything you need to get started on the road to tax revenue recovery. We’ll provide all the necessary data warehouse hardware and software, plus a packaged Commercial Data Source and Commercial off-the-shelf (COTS) soft matching tool. Optionally, we’ll also include an integrated application that will manage, track – and help resolve – all the leads Teradata Tax Discovery uncovers. Once the leads have been produced, we’ll customize the application to permit the appropriate personnel – anywhere in your agency – to have instant and updated access from multiple data sources. The result? Faster, more accurate decisions about filing determinations.
Take Control of Your Discovery Work
Teradata Tax Discovery is the perfect solution if you want to purchase the discovery platform and services and become self-sufficient at the end of the implementation project.
It provides you with the platform, the code to perform discovery queries, supporting software products, and critical knowledge. And, just as important, it allows you to continue on independently, performing your own discovery work on a Teradata system.
An Array of Advantages
Teradata Tax Discovery brings you and your agency many distinct advantages. Its soft matching technology, for example, opens up new doors of opportunity for the pursuit of previously untapped data sources. It also provides your managers with the capabilities they need to track and manage workload and results better, including time and expense spent on the program. And Teradata Tax Discovery provides you with ownership of a data warehouse, a key component in your future compliance initiatives and education or outreach efforts and in your ability to develop an enterprise data warehouse approach to tax administration.
The biggest advantage, of course, remains Teradata Tax Discovery’s ability to bring in previously lost revenue.
Reasons to Choose Teradata
Why choose Teradata for your revenue recovery demands? Because only Teradata can offer you such a comprehensive solution. We provide the most experienced team of tax experts in the industry, a team that will work hand-in-hand with your personnel to design and implement a revenue recovery program that will optimize results for your state.
Our unique combination of experienced tax personnel, time-tested methodology, and our insight and innovation give you everything you need to assess your revenue opportunities, then implement a cost effective program. We also bring you and your agency comprehensive data warehousing expertise plus all the necessary hardware, software, and services for end-to-end support.
We’ve developed our tax discovery solution in conjunction with state tax experts, and we’ve leveraged the most recent advances in technology. That means Teradata can offer you all the tools and resources you need to see dramatic improvements in your ability to identify non-compliant filers and recover additional tax dollars.
Build on Experience
Teradata has successfully deployed compliance discovery data warehouse projects in many states. Based on the experience – and the success – gained on these projects, we’ve developed a proven, structured approach for identifying recoverable lost revenue.
For More Information
To learn more about how Teradata Tax Discovery or any of our Tax Solutions can help you and your agency bring in additional revenue to your state, contact your Teradata representative or visit Teradata.com/government.
