Indirect tax compliance is becoming more complex as governments accelerate digital reporting and e‑invoicing requirements worldwide. For multinational tax and finance teams, this shift is driving increased pressure, manual effort, and risk. This article explores how AI-powered automation — through ONESOURCE Indirect Compliance powered by CoCounsel — is enabling a move toward more efficient, accurate, and auditable compliance processes.
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Touchless compliance: what it is and why it matters for indirect tax
Touchless compliance represents the next evolution of indirect tax automation, using agentic AI to autonomously manage workflows, detect anomalies, and maintain real-time visibility. By reducing manual effort and shifting teams to exception-based review, it enables greater accuracy, scalability, and strategic focus without increasing headcount.
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Are spreadsheets hindering your indirect tax processes?
Spreadsheets have their place, there’s no doubt about that. But the way they’re being used in the indirect tax world right now is a cause for concern.
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Are you correctly reporting your GST? Automated answers to ATO reviews
Here Peter Schotter and Simmone Cottom, product specialists at Thomson Reuters address the risks of incorrect GST reporting in a recent Indirect Tax webinar in the new series, Key Challenges: Answered.
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