Blockchain for tax compliance

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Improve your taxpayer experience by modernizing processes and using digital tools to make faster and more informed decisions. Read the white paper Blockchain for Tax Compliance and discover how emerging blockchain technology allows government tax and revenue agencies to become more transparent and fight fraud.

You’ll also learn how blockchain:

  • Reduces the cost of tax compliance using smart contracts to write the compliance rules directly into the digital ledger, which gives businesses faster VAT refunds and simplifies tax audits.
  • Improves how taxes are collected by providing visibility into transactions, such as tourism levies.
  • Encourages tax compliance by creating trust and reducing fraud concerns for companies, which helps your government promote economic growth—especially for small businesses.