Tax compliance: a costly pain for global businesses

Article by Albert Lee and Carmel Moore, Deloitte, Tax Technology Consulting. This article appeared in the May 2005 issue of Tax Adviser. A business operating in multiple jurisdictions has the challenge of understanding unfamiliar markets and obtaining visibility across the whole organisation. Many businesses look to technology to simplify and manage their operations. This should be no less the case for their tax departments, who have to manage the weight of regulatory and compliance requirements resulting from global expansion.

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