Digital Revolutions in Taxation
Digitalization has vast potential for tax policy and revenue administration. Increased access to information, enhanced digital systems, and greater processing capabilities will allow for reductions in the cost of tax collection and compliance and lead to new tax policy options.
Based on the latest work of the International Monetary Fund’s Fiscal Affairs Department on digitalization revolutions in public finance, this presentation discusses implications of digitalization for tax policy and revenue administration, including the challenges for tax authorities.