Sovos 2025 State of Tax Compliance: Higher Risk for Companies
According to the Sovos 2025 State of Tax Compliance Report, 82% of companies face a higher risk as governments shift to real-time data collection.
Governments worldwide are rapidly mandating real-time tax reporting, forcing businesses to rethink their compliance management.
Governments around the world are rapidly mandating real-time tax reporting, forcing businesses to rethink how they manage compliance.
The report is based on data from 16 billion annual transactions of over 100,000 businesses worldwide and monitoring of more than 19,000 global jurisdictions.
Author's summary: Companies face higher tax compliance risks due to real-time data collection.
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