Applications in information technology have come to the fore as the major strategiesused by both tax agencies and businesses to meet the challenges brought on by theincreasing speed, complexity, and global scope of economic transactions. With theseapplications countries can administer existing taxes better, and also change both theadministration and the structure of taxes to better achieve developmental objectives.Techniques for developing tax forecasting and tax simulation models are nowsufficiently advanced that even unsophisticated tax departments can use such modelsto offer new services, enforce compliance, and identify tax evasion schemes.