Blockchain is set to revolutionise tax systems and accounting industries entirely, as adding amendments to the old tax laws that we still follow to address the growing digital consumer economy will not be well suited to the digital world. However these new horizons bring additional hurdles as digital goods are highly mobile and intangible, making it easier for companies to escape tax liabilities in the current framework. Blockchain could perfectly bridge this gap as its digital ledger structure offers better transparency, control, security and speed, allowing comprehensive automated and streamlined tax collection. Will transparency and less of governemnt control help reduce tax avoidance ?

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