Here is a piece from KPMG on how digitalization is impacting the financial services industry. Financial institutions are seeking to monetise services such as SaaS platforms and data-driven business lines. Banks and FS businesses are creating their own fintech products and are using in-house services to set up and sell them instead of licensing them through M&A activity like they may have in the past. One of the main driving forces behind this is digitalization. What impact will this have on effective taxation?

Posted by Accountants' Club at 2022-01-05 17:53:12 UTC