Who doesn’t love flaunting what they’ve got on social media these days? Australia, Belgium and Canada are at the forefront of using data analytics to check tax evasion. This could be because many consider online snooping of any sort a cause for anxiety, given the fear of troll attacks and the like. In Europe, regulators are working on laws that would assure every individual the right to—and control over—his or her data. What’s online is available to the taxman and that’s just the way it is.

Source: Mint April 01, 2019 16:30 UTC