Indirect tax: Simplifying through technology

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Presented by

ITR and Thomson Reuters

About this talk

In association with Thomson Reuters, ITR's live webinar will take place on November 17 at 8am BST (London time) / 1.30pm (India time) / 4pm (Singapore time). Keeping up with ever-changing global indirect tax laws as well as increase in digital reporting requirements and regular tax audits are becoming a challenge for indirect tax departments and may increase the risk of non-compliance. According to the Thomson Reuters State of Corporate Tax Report 2021, more than half of tax departments anticipate significant changes to regulatory requirements for indirect tax – more specifically on increased digitised tax filings and real-time remittance requirements. The approach to resourcing indirect tax work is either ‘predominantly’ or ‘completely’ in-house for seven-in-ten corporate tax departments surveyed. The report also reveals that half of corporate tax departments feel under-resourced. Are traditional systems enough to stay ahead of the worldwide trend toward digital tax reporting and address the resourcing challenge? Hear from a panel of tax experts as they share their perspectives on utilising content-driven cloud technology solutions that help drive efficiency, mitigate compliance risks and enable strategic business decisions. This webinar will also cover: Key elements of a best-in-class indirect tax department; Benefits of tax technology over enterprise resource planning (ERP); and How to connect the dots within your business as well as to what’s happening around the world. The 60-minute webinar will be moderated by Deepak Bolia of Thomson Reuters, and facilitated by ITR. The webinar will be followed by a Q&A session.
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