Technology From A Tax Perspective

The use of cutting-edge technologies such as data analytics, Artificial Intelligence/Machine Learning (AI/ML), cloud computing and robotic process automation (RPA) is reshaping the way taxes are managed, reported, and regulated. These technologies are enabling unprecedented levels of efficiency, accuracy, and sophistication in tax management, helping both tax authorities and businesses in proactive tax planning, decision making, and risk mitigation. Blockchain technology is also playing a crucial role in providing immutable and transparent transaction records, reducing the potential for fraud and enhancing trust in tax systems.