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It’s time to invest in tax technologists

15 July 2024 / Peter Boerhof
Issue: 4945 / Categories: Comment & Analysis , Deloitte , Admin
181963
It’s time to invest in tax technologists

Key points

  • The tax technologist bridges the gap between tax and technology revolutionising the way we manage tax data.
  • Traditionally members of tax teams are not equipped to deal with the challenges presented by the volume of data that cross-border e-commerce and global subscription economies generate.
  • CFOs should seize the current opportunity to either upskill their existing tax team members into or begin recruiting tax technologists.

Traditionally tax teams have operated relatively independently within multinational businesses. However tax considerations are integral to every aspect of a business and with the increasing volume of tax-relevant data generated by businesses effective management and interpretation of this data have become crucial. This evolution has given rise to a new transformative role within tax and finance teams: the tax technologist who bridges the gap between tax and technology revolutionising the way we manage tax...

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