Business Travel Analytics
Business Travel Analytics - The world outside your window
Global business travellers potentially trigger compliance and withholding obligations. Since the global economic travails of 2008 and their impact on tax revenues across many jurisdictions, tax authorities have faced pressure to reduce the "tax gap" – the shortfall between what could be and what is actually collected. In seeking ways to address this, and in an environment compounded by falling tax receipts, the potential for the business traveller community as a source of revenues is becoming apparent with the added attraction that these individuals typically don't have a vote in the jurisdictions seeking to tax them.
As tax and immigration authorities have begun targeting resources in this area, helping organizations manage their business travel compliance has become a key area of focus for professional services firms. Deloitte has developed a range of services, collectively known has "Business Travel Analytics", to help businesses address compliance and risk both reactively and proactively. By exercising control of their business travel, corporates aggregate a mass of data with huge inherent value to be tapped.
Read Business Travel Analytics: The world outside your window to learn more.