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05 September 2018

Are tax authorities better at analytics than you?

The list of disruptive forces CFOs face seems to grow daily. The latest addition to this list is the increasing reliance by tax authorities on digital methods to collect and analyze taxpayer data. Tax authorities across the globe are ramping up their technology and analytics capabilities quickly, and simply put, companies don’t have the same visibility or understanding of their data as the government does. CFOs need to know what information tax authorities are requesting and how they are using, analyzing and leveraging this data. It’s crucial for CFOs to develop a strategy to make the most of the wealth of insights gleaned from data analytics, particularly as drivers of growth and value. EY explains how.

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Document ID: 2018-6041

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