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Not everything is as simple as it seems

Posted: Tue Jan 07, 2025 6:44 am
by nurmohammadkhan
While the benefits of a Continuous Transaction Control system are undeniable, it must be emphasized that obtaining this type of benefit is far from simple since the implementation of CTS technologies represents a significant problem to address.

While it is true that all European and non-European states have made a hungary whatsapp resource strong commitment to adopting digital solutions to improve the efficiency of tax management, very often choosing Continuous Transaction Control systems, it is equally true that this process has often been disharmonious and uncoordinated .

Instead of following a single and shared plan for digital transformation in this area, each European state has preferred to maintain its own "tax sovereignty" by carrying out different interventions, sometimes disorganized and in all cases differentiated from country to country, sometimes making leaps forward or preferring to slow down or delay the implementation depending on national political interests.

This was possible because at an international level, there is no real technological, administrative and legal reference framework according to which everyone can move and adopt the same measures.

The result of this disorder is clear: if at the national level digitalization certainly has positive effects, when transactions move to the international level, the risk is that of not having adequate control and verification systems .

Even worse, this disharmony also represents a significant competitive disadvantage, since it makes it more difficult to conduct transactions between countries in different areas, making them consequently less “inviting” in favor of others that are instead able to attract investments more easily.