Glossary / Tax Governance

What is Tax Governance?

The system of policies, procedures, and controls an organisation uses to manage its tax responsibilities and minimise tax-related risks. Tax governance ensures that tax decisions are properly authorised, documented, and aligned with the company's overall business strategy and ethical standards.

Tax Governance Explained

Tax governance refers to the framework of policies, controls, responsibilities, and oversight that ensures tax obligations are managed consistently, transparently, and in line with both regulatory requirements and business strategy.

Strong tax governance helps organisations:

• Reduce tax risk and uncertainty
• Demonstrate control to tax authorities and auditors
• Support senior management accountability
• Avoid reliance on individuals or informal processes

Tax governance is increasingly scrutinised by regulators, boards, and stakeholders, particularly for multinational organisations.

Key Elements of Effective Tax Governance

• Clear ownership and accountability for tax processes
• Defined policies covering all relevant tax topics
• Consistent processes across entities and jurisdictions
• Documented controls and approval workflows
• Evidence of monitoring, review, and issue resolution

Well-designed governance frameworks allow tax teams to operate with confidence, even in complex or fast-changing environments.

Keeyns: Enabling Practical Tax Governance

Keeyns provides the structure and transparency required to operationalise tax governance. By centralising processes, documentation, workflows, and audit trails, our platform helps organisations demonstrate control, maintain consistency, and meet governance expectations with confidence. Explore our solution at https://keeyns.com/solutions.