The Fast Pace of Digitalization and Its Tax Implications

COVID-19, Brexit, SAF-T adoption, e-invoicing mandates, VAT fraud preventions– and that's just the tip of the iceberg. What's a tax department to do?  Episode Notes:   Technology continues to progress and transform our lives– especially in tax. Digital products like ride-sharing apps, digital skins on games like Fortnite, and with the movement from in-person services to virtual services, more companies find themselves struggling to figure out what is taxable under a framework that was developed seventy years ago. The "new normal" seems to be is reacting to rapid change but that is not a sustainable solution. Questions? Contact us. Additional Resources: AI-Enhance Processes and Decision-Making Are Revolutionizing Corporate Tax Departments, Teaching Tax vs Teaching Tech: How Tax Departments Can Address Skillset Gaps and Talent Development, Bianca Kuijper’s LinkedIn page, Melissa Oaks’ Twitter page, Adam Schaffner’s LinkedIn page