Miscellaneous 2020

Session 13.5: Emerging technologies and trends " What tax advisers need to know

Published Date: 11 Mar 2020

 

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We are seeing a number of technology-led initiatives aimed at restoring trust in increasingly digital and data-driven economies " digital identity, the consumer data right, regtech, blockchain, cryptocurrencies, smart contracts, AI. These emerging technologies and trends will create economic and commercial models to advise upon " but when will it all become real? With Facebook intending to launch its cryptocurrency and its financial services offering by mid-2020, over the next 12 months we expect to see strong regulatory headwinds and focussed attention on the legal and tax policy frameworks needed to encourage the experimentation and adoption of emerging technologies.

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Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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