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ITR Summer Issue 2022: Editorial

ITR Summer Issue 2022 image

ITR's latest quarterly PDF is now live, leading on the rise of tax technology.

Ever since COVID-19 emerged and shook up the global status quo, we’ve heard a lot about the ‘new normal’, a term usually associated with a line-break between how things were before and how they are now, or indeed, how they might be one day.

If some experts are to be believed, the digitalisation of tax is fast becoming this industry’s ‘new normal’, both in terms of the technology itself and those who apply it. Tax technologists are in increasingly high demand, while companies are grappling with emerging technologies like blockchain. All in all, it’s an exciting time.

What’s easily forgotten during any new change is that, in most cases, it’s human beings who make the magic happen. That’s why companies are scrambling to find tax technologists, as they are known, to help them realise the benefits on offer. But here lies the problem – in some countries, these specialists are just not that easy to find. What’s more, the tools on offer can be less than satisfactory.

We can expect plenty of change in the next few years as technology and technologists become a core part of the tax world. It’s why we’ve dedicated the cover story of this PDF to these issues, providing deep analysis with the help of tax directors and advisers in a number of regions. It is also my first PDF as editor-in-chief, so I’d like to say what a pleasure it is to be here and to join a new industry.

Elsewhere, you can find a host of content in this issue of ITR, including analysis from our journalists, reports from conferences we have attended, sponsored content including local insights, and the market insight section. As always, we hope you enjoy reading what’s on offer, and we look forward to seeing you next time.

Read the ITR Summer Issue 2022 here

more across site & bottom lb ros

More from across our site

Vikas Garg talks to reporter Siqalane Taho about how regulation, technology and the goods and services tax has affected the manufacturing company.
A major shift is underway in tax as the profession transitions from a mostly accounting and finance sector to a hybrid industry that requires significant IT skills, say tax experts.
The Biden administration is about to give $80 billion to the Internal Revenue Service to enhance the tax authority’s enforcement processes and IT systems.
Audi, Porsche, and Kia say their US clients will face higher prices under the Inflation Reduction Act after the legislation axes an important tax credit for electric vehicle production.
This week Brazil’s former President Luiz Inacio Lula da Silva came out in support of uniting Brazil’s consumption taxes into one VAT regime, while the US Senate approved a corporate minimum tax rate.
The Dutch TP decree marks a turn in the Netherlands as the country aligns its tax policies with OECD standards over claims it is a tax haven.
Gorka Echevarria talks to reporter Siqalane Taho about how inflation, e-invoicing and technology are affecting the laser printing firm in a post-COVID world.
Tax directors have called on companies to better secure their data as they generate ever-increasing amounts of information due to greater government scrutiny.
Incoming amendments to the treaty could increase costs on non-resident Indian service providers.
Experts say the proposed minimum tax does not align with the OECD’s pillar two regime and risks other countries pulling out.
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