- Tax administrations are adopting technology tools to automate tax reporting
- Trend is leading to a more digitalized world of taxation and compliance
- Governments issuing new regulations and requirements for taxpayers
- Businesses need a proactive approach with a defined tax technology strategy
- Real-time reporting capabilities can provide cost savings and efficiencies
- E-invoicing calendar timeline created to help businesses stay up-to-date with tax administration developments
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.