Kwami Ahiabenu,II Knowledge Chief

Technology is enabling significant transformation of taxation systems around the world. Taxation can be described as a compulsory levy imposed on income, profits and general goods and services by a taxing authority, usually a government, both at local and national levels. The history of taxation dates back to the early stages of civilisation where taxes were paid in kind to feudal lords and other aristocrats who generally owned the lands that others worked and lived off. Over time, taxation evolved as society made progress in all areas. In Estonia, for example, people are able to file their taxes online in three minutes using  e-Tax , an electronic tax filing system set up by the Estonian Tax and Customs Board.  In recent years, robots and other forms of artificial intelligence have been introduced into the taxing industry, helping especially businesses and high turnover tax outlets such as retail shops and huge businesses to complete tax returns which are not only tim...