- The Ministry of Finance in Taiwan organized a virtual workshop on leveraging new technology for tax administration in the post-COVID era.
- The workshop aimed to showcase Taiwan’s technological capabilities and assist economies in building their tax administration capacity.
- The workshop had participants from various economies and international organizations, with a total of 215 tax officials attending.
- The COVID-19 pandemic has accelerated the development of the digital economy globally, leading to changes in business activities, transaction models, and people’s habits.
- Governments see this as an opportunity to digitize administrative measures and provide convenient digital services to the public, such as cloud invoicing, tax filing, payment, and refund processes.
- The use of new technology can also help tax authorities analyze tax compliance risks, detect and address tax evasion issues, and promote tax fairness and efficient resource allocation.
- The workshop included presentations on the digital transformation of tax administration before and after the pandemic, experiences in implementing digital systems, and future plans for sustainable tax administration development.
- Experts from Australia, Japan, Thailand, and Taiwan shared their experiences in optimizing personal income tax services and detecting sales tax evasion risks using new technology.
Source: mof.gov.tw
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.
