Bulletin for International Taxation Special Issue: Technology, a Key Enabler for Tax Transformation

  • October 21, 2020

The continuing demand for increasingly detailed information, tighter closing periods, and increased transparency and disclosure, combined with a pandemic crisis driving an economic downturn, presents huge challenges for companies, specifically the tax function. These challenges are forcing a greater need for the tax function to demonstrate the value it brings in terms of increasing efficiency and generating cash savings, all while remaining compliant. This requires the tax function to shift from a reactive to a proactive mode.

This IBFD article featuring Vertex Leader, Todd Cameron, aims to guide the reader through the steps necessary to investigate the application and use of technology that will lead to the successful implementation of a tax transformation within their organization.

At the same time, technologies such as blockchain, robotics and artificial intelligence offer new opportunities and efficiencies. The key issue is how to effectively use these technologies, including data management and analytics, to successfully achieve a high-performance tax function.

Written by experts in the field, this special issue aims to guide the reader through the steps necessary to investigate the application and use of technology that will lead to the successful implementation of a tax transformation within their organization.

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