Agency uses technology for tax cheats
The Revenue Department is warning corporate taxpayers that it has already adopted data analytics and a risk-based auditing system that can better track the accuracy of tax payments.
The tax-collecting agency is using high-tech software to evaluate the financial position of operators relative to their industry peers, using data analytics and a risk-based auditing system to create a balanced scorecard to analyse tax payments of those classified as risk groups for tax avoidance, said Kriengsak Prasongsukkarn, deputy director-general of the department.
Wichit Chantanusornsiri
