LB&I International Tax Modeling Tool

TO ALL INTERESTED PARTIES SOURCES SOUGHT THIS REQUEST FOR INFORMATION (RFI) IS RELEASED PURSUANT TO FEDERAL ACQUISITION REGULATION (FAR) PART 10, MARKET RESEARCH. This Request for Information (RFI) is only issued for information and planning purposes. It shall not be construed as either a solicitation of the obligation on the part of the Government. All information received from this RFI will be used for Market Research purposes only. The Department of Treasury solicits vendor responses to this RFI for market research purposes only. This RFI will not result in a contract award. The Government does not intend to award a contract based on responses to this RFI nor otherwise reimburse vendors for the preparation of any information submitted or Government use of such information. There is no guarantee of a solicitation resulting from this RFI. Acknowledgment of receipt of responses will not be made, nor will respondents be notified regarding the outcome of the information received. All data received in response to this Sources Sought synopsis marked or designated as corporate or proprietary information will be fully protected from release outside the Government. The Government shall not be liable for or suffer consequential damages for proprietary information not properly identified. Proprietary information will be safeguarded in accordance with all applicable Government regulations. All documentation shall become the property of the Government and will not be returned. The Internal Revenue Service (IRS) Large Business and International (LB&I) division, Cross Border Activities (CBA) Practice Area, needs contractor support to provide and assist with implementing a commercial off the shelf (COTS) software tool that would enable employees to perform scenario modeling of U.S. international tax provisions, including provisions of the Tax Cuts & Jobs Act (TCJA). This assistance would include training and consulting with IRS employees on how to use the tool and maximize its effectiveness in interacting with existing IRS databases and IT systems. Background CBA is the practice area within the Large Business & International Division of the IRS which has service-wide responsibility for the administration of many of the international inbound and outbound cross-border business tax provisions, including new regimes under the TCJA. CBA needs a tool to assist revenue agents in the field with calculating the ultimate impacts of different potential adjustments on overall tax liability and comparing what-if scenarios to understand how taxpayers might undertake tax planning to manage their U.S. tax liability over time. Objectives The IRS LB&I division objective of this requirement is to obtain (i) a software tool for modeling scenarios reflecting the effects and interactions of international tax provisions on the overall liability of a taxpayer, (ii) assistance with integrating the tool into existing IRS systems and technology, and (iii) assistance with training IRS users and establishing internal IRS procedures for use of the tool. Scope The contractor shall provide support across various functional areas. This support includes: - Providing access to an international tax modeling tool with the specifications listed at Appendix A. - Development of processes to address the project life cycle - Technical troubleshooting - Systems security - Training for IRS employees to utilize the tool - Documenting the operation of the tool and procedures for IRS usage of the tool Knowledge, Skills, and Ability The Contractor shall have the knowledge, skills, and ability to plan and execute work in the following areas: - Strategy Planning and Implementation - Large-Scale Program Implementation - US Tax Code, especially pre- and post-TCJA international provisions, e.g., BEAT, FDII, GILTI, 163(j), 965, Foreign Tax Credits - Training and Development - Project Management Methodologies - Production, Development, and Test Environments - IT System Development, Modernization, Enhancement, and Operation & Maintenance - Technology Integration & Implementation - Operational Program Integration with IT and Business Operating Divisions - Performance Management Design and Implementation - LB&I Data Science and Data Product Management - Tax Administration