Tax Law and Digitization> aims to contribute to the future development of the digital tax landscape. The use of digital technology has become a core business need, although it is not to be expected that tax service providers, themselves, will experience an immense technological change. Tax Tech companies are rapidly gaining ground as global tax advisory firms and are set to change and revolutionize the way tax administrations, taxpayers, and their advisers interact, leading to a much more efficient and effective integration of tax services into the processes used by both taxpayers and tax authorities. This book clearly explains how tax law can be revised to promote digitization and speed up its implementation and how to achieve better tax compliance and administration at a lower cost.
What’s in this book:
The distinguished contributors of this book cover such aspects of this veritable paradigm shift in tax management as the following:
How this will help you:
As the perspective as to what is meant by tax compliance is already overlaid by technological pressure—as indicated primarily by BEPS 1.0’s domestic tax law initiatives and its recommendations of newly developed options to secure full transparency of tax processes—it is clear that controls and tax risk management are on the rise and that systems will become more digitized. With these growing demands for innovation, professionals in the tax advisory industry and tax authority officials will welcome this book’s sound and practical measures leading to progress and revitalization through digital transformation.