The global tax landscape is rapidly evolving with significant developments such as the OECD’s Pillar Two rules, CESOP, ViDA rules in the EU, and e-reporting mandates. These changes increase compliance requirements and impact tax strategies. According to Deloitte’s 2023 Tax Transformation Trends survey, the top challenges for the next five years include compliance with evolving tax laws, integrating tax-related data, limited technology expertise, and lack of control over technology strategy. Tax departments can prepare for these challenges by rethinking their approach to tax accounting and compliance and by embracing tax technology to facilitate greater compliance and productivity.
Source Forbes
Latest Posts in "World"
- Mastering Tax ID Validation: Key Strategies for Compliance and Business Success
- VATupdate Newsletter Week 39 2025
- Data Integration in Retail: The Role of EDI at the Age of Omnichannel and AI
- 2026 OECD Global Forum on VAT: Addressing Digital Economy, Crypto-Assets, AI, and Compliance Challenges
- Enhancing VAT Compliance: The Impact and Benefits of Voluntary Disclosure Agreements (VDA)
