Worldwide Corporate Tax Management Applications Market Shares, 2023: Tax Regulations and the Digital Economy Drive Tax Transformation

This IDC study examines the worldwide market for corporate tax management applications."The landscape of global business and tax compliance is becoming increasingly complex, driven by the growth in tax regulations and the digital economy. Organizations must embrace technology and ensure effective data management to navigate this challenging environment successfully. The emphasis on indirect taxes and the evolving role of tax technology highlight the need for businesses to stay informed and adaptable, integrating tax into their strategic operations to achieve compliance and operational excellence," said Kevin Permenter, senior research director, Enterprise Applications at IDC.