Are you ready for the digital world of tax?
Advanced digital technologies are moving out of the lab and into the real world. Their impact on business models across the economy will be dramatic. While you may have already considered how they’ll change your business model, you may not have thought about how these developments will impact the tax you pay.
Tax authorities are also digitising, investing heavily in new technologies that will radically transform their powers of control and oversight. As the subject of their supervision, you’re also going to feel the heat.
We call the impact of these changes tax disruption.
In this new world, your in-house tax function is going to need new capabilities to give management the same level of comfort on tax compliance and your interactions with the authorities. You’ll need to invest just to stand still.
We help our clients define and plan for the moment the taxman gets these superpowers. Will you be ready?
Few people are aware of the way new digitally-enabled powers are set to transform the way public administrations and tax authorities go about their business. Even fewer are prepared to deal with the impact this will have on the tax they pay and how they pay it. Read our white papers to find out what the thought leaders have to say about the new field tax disruption.
Digitalisation meets tax authority: in a new white paper we explain why the corporate world should be preparing now for the imminent digitalisation of tax authorities. Companies will have to make extra efforts to get their tax capabilities quickly on the same data-driven level at which the authorities will be operating soon.
Digitalisation meets public administration: this white paper explains the massive disruptive impact of the ‘zero cost of control’ phenomenon on business and society. Businesses are now entering a transitional phase and can expect a time of uncertainty that is potentially full of surprises. Tax is a prime example.
Join us for one of the four digital tax immersion session’s to discuss these questions, experience how technology will transform the way we comply with tax legislation, and develop your strategy to ensure that you are ready for tax in this new world.
MachineLearning cleared the next hurdle! With Generative Adversarial Networks (GAN) computers can understand concepts without being taught the meaning of those concepts.
As the Wirtschaftswoche reports, the German tax authorities requested information from Airbnb Europe about ALL German hosts on suspicion of tax evasion.
The digital economy has led to new tax debates, with the E.U. now considering rules to ensure that “digital business activities are taxed in a fair and growth-friendly way.” Interview on CNN Money Switzerland with Christoph Schärer.
Following the Facebook data scandal, CNN Money Switzerland is looking at web scraping, a legal tool that can help gather useful information about you and your company.
India’s Aadhaar ID system is a nice example how a small technology driven administrative innovation can quickly expand and become an all-seeing eye! In 2009 established on voluntary basis to help the poor get welfare benefits, it quickly became the world’s largest biometric ID system.
Last week HMRC struck an agreement with multiple online marketplaces like Amazon and eBay.
The Australian Taxation Office (ATO) thinks about risk profiling and rating ALL tax payers.
James Bond is now a tax collector?! Recently it was revealed that UK intelligence authorities are sharing their huge collection of socialmedia data with the tax authorities.
Tax Partner, Chief Digital Officer Tax and Legal, Zurich, PwC Switzerland
+41 79 745 09 26
Senior Manager, Client Workshops and Projects, Zurich, PwC Switzerland
+41 58 792 45 16
Dr. des. Christian R Ulbrich
Assistant Manager, Tax Disruption Think Tank, Zurich, PwC Switzerland
+41 58 792 23 16