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Of these, North America will sway the market over the forecast period. Constant reforms in tax regulations and rules, presence of many large scale companies, increasing industrialization, rise in IT offices, the presence of prominent accounting software players in the US, increasing investments by the US government to provide accounting management systems in different private and public organizations, the complexity of the tax system, differences between employment law and tax, development of API-based software for the smooth functioning of the taxation system, and adoption of advanced technologies & channels are adding to the global tax and accounting software market growth in the region.

 

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