Transforming taxes with trusted data
Data and digitisation have forever changed the status quo for global systems across industries. The current tax system, which was originally designed for industrialised, standardised mass production and consumption, is clearly not fit for purpose in the modern digital era where technology, systems and processes are constantly evolving. What now needs to be considered in any tax system is: where is economic value created and how should it be taxed?
The scale, volume and detail of sensitive data that is now required by tax authorities globally is posing a major challenge and demands a new modernised infrastructure for the digital age. Gospel Technology is transforming how tax organisations manage this data, and the value they can derive from it.