I am neither an accountant or tax expert. I would suspect the blockchain could potentially make it very easy for them to monitor tax, if they can identify who you actually are.
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I am neither an accountant or tax expert. I would suspect the blockchain could potentially make it very easy for them to monitor tax, if they can identify who you actually are.
True. Also they can have event logs (audit trials) that are documented in a blockchain, this will resolve a great amount of manual work, also this Will result in decrease of people that Will be needed at a finance or tax departement... this will change a lot.