DIGITALIZATION OF TAX ADMINISTRATION: OPPORTUNITIES AND RISKS
Digital development of tax administration will reduce the cost to business of tax compliance and ensure greater sustainability of public finances at minimal cost. However, the digitalization of tax relations may require not only modernization of administration systems, but also changes in the tax system itself, the design of taxes affected by digitalization, and, as a consequence, business practices across the economy as a whole. Given the critical role of taxes in the system of socio-economic relations, the consequences can be significant and not always easy to predict.
• Simplification or complication: where is the tax administration system heading?
• Where are the limits of tax automation in today's environment?
• Tax experts and algorithms: competition or cooperation?
• What digital innovations can taxpayers expect in the medium term?