Day by day world tax administrations are going digital in an increasing frequency and it’s safe to say that the world is becoming more and more digital with the developments in technology. Influence of digitalisation can be seen in the finance sector specifically in the tax technology area. Most of the companies are opting for digital taxation processes since it became a necessity from their government regulations. Also firms are opting for digital tax for efficiency reasons since all government departments are searching solutions for doing less with more benefits since they are shrinking budgets. However digitalisation of taxation processes brings risks together. Benefits that come through digitalisation are valuable enough and it can’t be ignored.
Source Ahu Ocak Çağlayan (SNI)
