Tax & Accounting Blog

Innovation strategies to meet the challenges of indirect tax

Innovation strategies to meet the challenges of indirect tax

People who purchase software rarely get to talk to the product’s developers about the development process or the features and updates users can expect in future iterations of the product. But that’s precisely what happens at the Thomson Reuters annual Synergy conference, where product developers, software engineers, and other representatives from the company gather with users […] … Read More

Modernising tax management in an omnichannel retail landscape

Modernising tax management in an omnichannel retail landscape

Tax professionals involved in omnichannel retail industries face an unprecedented number of challenges these days. Calculating sales tax across different retail channels is complex due to various regulations, frequent changes in product data, and outdated systems, especially with increasing sales volume and shrinking budgets. These issues and more were discussed by tax and trade experts in a […] … Read More

Can’t stop what’s already here:  Keeping up with trade developments in an AI world

Can’t stop what’s already here: Keeping up with trade developments in an AI world

Artificial Intelligence (AI) is not a new concept, but since the emergence of ChatGPT last year, the advantages versus the risks it could present as it becomes smarter and more prevalent have been widely debated everywhere. When it comes to global trade, there are powerful arguments as to why AI should be embraced, and understandable […] … Read More