Technology and the tax department of the future | KPMG | SG

Technology and the tax department of the future

Technology and the tax department of the future

While most tax leaders indicated the desire to invest more in tax technology in the next five years, the overall survey findings to date indicate that some organizations may be missing out on the opportunities to drive increased efficiencies through the use of tax-related technology.

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The full report and the infographic below each offer additional insights for tax leaders in regards to current technology-related findings from the ongoing survey.

Key takeaways include:

  • Tax technology is a top investment area, second only to people.
  • Many tax leaders lack confidence in the ability of their companies’ systems to provide tax data.
  • While compliance is the most-used type of software today, and most tax leaders plan to invest in country-by-country reporting tools in the next 5 years.

You can view a summary of the technology findings. (PDF 236 KB)

© 2018 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

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