We are in the midst of a shift in the way global business is conducted and tax revenue is recognized and collected by governments. The message to businesses all around the world is that global governments will no longer rely on the antiquated way in which you file returns and give them period data – that is being replaced by governments mandating real-time data captured by their approved systems and guidelines..
- Trend or new reality?
- What comes next for the future of tax and compliance?
Source: SOVOS
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