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Q » How can blockchain improve tax systems?
02 Nov, 2025
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A » Blockchain can enhance tax systems by providing transparent, immutable records that reduce fraud and errors, ensuring accurate tax reporting. It facilitates real-time data verification and reduces administrative costs by automating processes. Additionally, blockchain's decentralized nature can streamline cross-border transactions, improving compliance and efficiency in international tax systems. By fostering trust and accountability, blockchain technology can fundamentally transform and modernize the way taxes are managed and collected.
03 Nov, 2025
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