It’s tax, Jim, but not as we know it
The Revenue Commissioners are taking advantage of technological changes to go where no taxman has gone before. Firms must follow suit
Authorities are increasingly using technology as a means to efficiently collect taxes and to tackle tax evasion.
Clearly, automation and technology enablement will play a key role in how tax authorities operate. Tax authorities are increasingly leveraging new technologies that can quickly analyse millions of records to accurately identify issues, thereby reducing the resources and time required to conduct an audit. Similarly, the ability to conduct targeted sampling of taxpayer data or to create more...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures