Following insights from a recent webinar, Mark Oh explores how indirect tax compliance is rapidly shifting toward real-time reporting—driven by increasing regulatory scrutiny—and why organisations must embed AI into transaction workflows to detect, manage, and resolve issues earlier in the lifecycle. By moving beyond traditional, end-of-period processes, tax and finance teams can strengthen data accuracy, reduce compliance risk, and stay audit-ready in an always-on reporting environment.
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Why Australia’s globally connected businesses need touchless indirect tax compliance
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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9 Australian indirect tax filing challenges tech can help solve
Indirect tax compliance in Australia is becoming more complex, with rising ATO scrutiny and increasingly strict expectations under programs like Justified Trust. Many tax teams still rely on manual processes that create risk, inefficiency, and limited audit visibility. This article outlines nine common challenges and how technology can help teams move toward consistent, audit-ready GST compliance.
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Beyond Compliance: Mastering Indirect Tax & E-Invoicing
Indirect tax and e‑invoicing have entered a new era — defined by tighter mandates, near‑real‑time reporting, and rising scrutiny from tax authorities. Yet many tax teams are still relying on disconnected tools, manual processes, and late‑stage fixes that increase risk and drain resources.
Beyond Compliance: Mastering Indirect Tax & E‑Invoicing with ONESOURCE explores how organisations can move from reactive compliance to a connected, end‑to‑end approach. Discover how integrating tax determination, e‑invoicing, reconciliation, and filing into a single, AI‑enabled workflow helps reduce errors, improve audit readiness, and scale with confidence across jurisdictions.
Five Misconceptions About Australia’s Climate Reporting Requirements
Australia’s climate reporting is now mandatory. Learn the five biggest misconceptions and what finance and reporting teams must prepare for.
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Who Reports and When? A Simple Guide to Australia’s Climate Disclosure Phases
A simple guide to Australia’s climate disclosure phases, explaining who must report, when obligations start, and how disclosures align with financial reporting.
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Australia’s climate reporting shift: What finance leaders need to know now
Mandatory climate reporting is here in Australia. Understand the new requirements, start dates and why finance leaders now own compliance.
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How will generative AI impact tax, corporate and compliance professionals?
Generative AI will have a significant impact on tax, corporate and compliance professionals according to the Thomson Reuters’ Future of Professionals Report – Asia & Emerging Markets Edition. The survey…
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AI and data governance is heating up in Australia: Expert panel
Industry experts shed light on the necessity for ethical AI and effective data governance practices in Australia.
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