The global tax landscape is changing. Technology is disrupting all aspects of business today and traditional tax functions are struggling to keep up.
To remain competitive, organisations need to consider how technology and data can be harnessed to meet these demands. At the same time, organisations are finding themselves overwhelmed by the 2.25 quintillion bytes of data created by consumers around the world every day.
Tax authorities are already using data from a variety of sources to develop a more complete picture of companies’ tax profiles. They are using advanced data analytics to identify industry trends and flag up anomalies with individual companies. Companies need to be a step ahead and be able to use the same data analytics and other techniques to ensure compliance and to assist with informed business and tax decisions.
TaxFind out more
Why Grant Thornton
Our Tax Innovation team is made up of a combination of tax experts, IT business solutions specialists, and data scientists who collaborate closely with other areas within the firm to bring a broad spectrum of skills, knowledge and expertise to bear on behalf of clients. Our aim is to contribute directly to the bottom line and help clients to thrive and not just survive.