Forward-looking enterprises use data and analytics to drive strategic advantage
When it comes to making companies smarter and more compliant on tax, it’s all about the data. In today’s landscape of fast-changing regulations, increasingly global work forces, and instantaneous information sharing, it has never been more important to ensure the quality of data to help unlock insights to drive confident decision-making.
This new publication focuses on the growing use of data and analytics (D&A) on tax information by taxpayers and tax authorities. It offers a look how tax authorities are using D&A approaches to close the tax gap caused by errors, fraud and abuse; collect and share information across borders; and increase operational efficiency within their own administrations. Similarly, it explores how taxpayers can use tax data to prepare for regulatory change, effectively manage their global workforce, create a data-focused culture; as well as how some leading tax departments are moving towards centralizing their D&A activities to scale improvements across the organization.