Tax is changing faster and more dramatically than at any time in history.
Technology is underpinning a paradigm shift in the role of tax professionals. It’s driving digitalisation by tax authorities, greater availability of tax data, and new levels of computing power with which to process and analyse that data.
At the same time, stakeholders demand transparency of firms’ tax arrangements and an ethical approach to disclosing and paying tax.
In this climate, KPMG has identified five major trends that are transforming the future of tax, and that every tax leader should be aware of.
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