We are currently witnessing the most recent stage of the digital revolution: the digitalisation of the public administration. Find out more here.
Tax will be at the forefront of this development. Tax authorities are investing heavily in new technologies that will equip them with ‘superpowers’. Find out more here.
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 of tax disruption.
The world of tax is changing. Rulebooks, once certain, will no longer apply.
Tax authorities are investing heavily in new technologies that will radically transform their powers of control and oversight, and other stakeholders will also be able to harness growing volumes of digitised data and processing power − all bringing more tax-related transparency. Simultaneously, digital technologies will transform the way corporate tax functions work.
In this guide we give readers an outlook on how things are likely to change, what the impact will be, and share with them our views on how to deal with all of this disruption.
What are the tax authorities up to? Technological advances at tax administrations, and the legal regulations, have become more prominent in defining the relationship between the tax function and the tax authority. The tax function of the future will have rely heavily on external factors in order for it successfully achieve digital transformation.
Digitalisation brings two fundamental tax-related challenges. Organisations have to deal with the digital transformation of tax authorities and, simultaneously, need to orchestrate the digital transformation of their own in-house tax function. In this paper we introduce two new frameworks to help you on this journey.
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.
Christoph Schärer
Tax and Legal Innovation, Transformation & Disruption Leader, PwC Switzerland
+41 58 792 42 82
Stuart Jones
Jean-Luc Wichoud
Charalambos Antoniou