OECD: Report addresses how technology can facilitate SMEs’ compliance with tax obligations

On 20 May 2022, the OECD Forum on Tax Administration (FTA) published Towards Seamless Taxation: Supporting SMEs to Get Tax Right, a report that addresses how developments in tax technology can make it easier for small and medium-sized enterprises and entrepreneurs (SMEs) to comply with their tax obligations. The report “examines how tax administrations are currently working to integrate taxation processes into SME taxpayers’ natural systems and identifies some of the key benefits and considerations.” The report notes that this work “frequently involves creating new natural systems for SMEs through the use of Application Programming Interfaces (API) which allow taxpayers to interact more seamlessly with tax administration systems.”

Source Deloitte

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