Transforming tax: one byte at a time

In the first publication we touched on the increasing accessibility of analytical tools in business and the impact thereof on managing tax risk.

This article examines more closely how the tax function is evolving in its use of technology, in response to stakeholders and markets demanding more efficient and complete solutions to increasingly complex problems.

Traditionally, our profession has been adept at legal analysis, advocacy and tax computations. We’re often still characterised as ‘nerds’ occupying the deepest, darkest basement of the organisation and only called upon when trouble is on the horizon. But today the profession is no longer on the periphery of the business – indeed, the management of tax risk plays an important and often critical role in the growth and sustainability of the business.

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Gert Meiring

Partner, PwC South Africa

Tel: +27 (0)11 797 5506

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