Thursday, 19 November 2015

TEN YEARS OF GLOBAL REDUCTIONS IN TAX COMPLIANCE BURDEN FOR COMPANIES, INCREASINGLY DRIVEN BY ELECTRONIC REFORMS

WARSAW, Poland, Nov 19 (Bernama-GLOBE NEWSWIRE) -- Electronic tax filing and payments were the most common tax reforms undertaken by countries worldwide during the past year, according to the latest edition of the Paying Taxes report from the World Bank Group and PwC.

As a result, paying taxes became easier for medium sized companies globally, but the focus has moved from reducing tax rates for companies to embracing technology and relieving their compliance burden. The report also shows that low-income economies continue to face the biggest reform challenges.

http://mrem.bernama.com/viewsm.php?idm=25750

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