6th Annual International Conference 'Real-time Economy Development and Tax Administrations'

Hosted by the Estonian Tax and Customs Board, the 6th Annual International Conference of IOTA will gather senior tax officials, international organisations, academics, technology providers, and business leaders to explore the evolving role of tax administrations in the real-time economy.

Focusing on real-time tax compliance, advanced data analytics, timely revenue collection, and the integration of tax into natural business processes, the event will feature high-level discussions, interactive sessions, and practical case studies.

The Conference will delve into these key areas:

• Real-Time Tax Compliance: the use of digital tools — such as e-invoicing systems, electronic cash registers, and online reporting platforms — allows the recording and transmission of tax-related data automatically to authorities at the moment a transaction occurs, ensuring transparency, reduction of fraud, and enabling immediate tax assessment.
• Advanced Data Analytics: utilizing real-time data analytics enables tax authorities to monitor economic activities continuously, promptly identify compliance risks, and respond swiftly to emerging issues. This improves both enforcement and service delivery.
• Real-time economy and timely revenue collection: effective tax administration ensures timely tax collection, equipping governments with the necessary resources to invest in public services and infrastructure, which are essential for economic development.
• Integration of tax into natural business processes: enabling technologies and infrastructure for real-time tax compliance.

Running alongside the Conference, the IOTA Expo on Real-Time Tax Compliance Solutions will showcase technological advancements that empower tax administrations on their tech transformation journey toward a real-time economy.