TMF Group head of accounting and tax Emine Constantin joins the Value Added Talk podcast to discuss how tax authorities are embracing new technologies - and what the digitisation trend means for businesses.
self Digitisation has been a hot topic in the tax world in 2019 and it will continue to be, as tax authorities push for real-time reporting and more detailed transactional data from taxpayers.
Digital developments require businesses to adapt their systems and introduce new processes to comply but it's not necessarily all headaches and additional costs; more automated tax reporting can be a positive shift particularly for cross-border operations. Is your company prepared for the technology change?
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Short on time? Skip ahead:
:01 Intro 04:15 What's trending in tax digitisation? 08:28 Why is digital tax reporting coming into vogue? 10:44 Local compliance challenges...