Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Globalisation and tax digitalisation

30 January 2019 / Jeremy Cape
Issue: 4681 / Categories: Comment & Analysis
Continental drift: tax tectonics

Key points

  • Digitalisation brings opportunities as well as challenges in tax.
  • Globalisation has put established tax rules under great strain.
  • Impact of the OECD’s base erosion and profit shifting project.
  • Individual countries have taken unilateral action to protect their tax base.
  • Technology gives tax authorities new ways to enforce compliance.
  • Tax advisers should embrace digitalisation to make their advice more efficient.

As Charles Dickens almost wrote it is the best of times it is the worst of times; it is the age of wisdom it is the age of foolishness; it is the spring of hope it is the winter of despair.

It is difficult to judge living as we are through them how historians will assess the importance of these opening decades of the 21st century. Technological advances global co-operation and interconnectedness impossible to imagine at the beginning of the 1990s accompanied great hope for the future of...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon