The digitalisation of tax extends well beyond the investment in technologies by our administrators to gather information (lodgments), improve collections, and gain insights into the taxpaying population. Digitalisation is making global business increasingly more efficient and effective, facilitating cross border transactions with little physical presence. Tax functions, therefore, need to adapt and evolve to meet the needs of administrators and business in an ever changing, multijurisdictional environment. This panel session will cover:
- Global trends in digitalisation
- The impact of digitalisation on tax compliance and the tax base
- Challenges in addressing digitalisation in multijurisdictional tax functions
- How the role of the in-house tax function and that of the professional advisor will evolve in this environment.