Technology

Technology
2015
A digital life
Fast-forward 25 years. There are 6.9 billion mobile phone subscriptions worldwide, nearly one for every human being on Earth.
Some three billion people have access to the internet, using it to stay connected, shop for groceries and clothing, conduct banking
transactions, pay bills and taxes, and watch TV. Places like Kenya, which never even approached developed countries in terms of
installing landline phones, have created entire economies operating around mobile phone use. The internet has changed businesses.
The internet of things is the next big technological leap. Already, prescription drugs and spare airplane parts can be produced
by 3-D printers. As disruptive as this will be for businesses and the global economy, it will be even more so for tax systems.
Doing business
Banking
Shopping
Paying taxes
EY – Tax Insights for business leaders №14 7