diff --git a/DEV.md b/DEV.md
index 8f7491b..25171b4 100644
--- a/DEV.md
+++ b/DEV.md
@@ -13,10 +13,11 @@ When developing, you can build a local version of the `gocsv` binary via running
 
 To release an update to `gocsv`, make sure you have committed and pushed the most recent commit on master. Then:
 
-1. Tag the latest commit as "latest".
+1. Tag the latest commit following [semantic versioning](https://semver.org) and push the tag.
 
    ```shell
-   make tag
+   git tag -a v1.2.3 -m "Release v1.2.3"
+   git push origin v1.2.3
    ```
 
 
@@ -27,6 +28,6 @@ To release an update to `gocsv`, make sure you have committed and pushed the mos
    make dist
    ```
 
-   This will create zip files in the `dist` directory holding the `gocsv` binaries for various platforms and architectures.
+   This will create zip files in the `dist` directory holding the `gocsv` binaries for various platforms and architectures. The version to be returned by `gocsv version` is derived from the Git tag, so make sure to only run this after having carried out step 1.
 
-3. Upload the newly created distribution binaries to the [Latest Release](https://github.com/aotimme/gocsv/releases/tag/latest) page. You will need to [edit](https://github.com/aotimme/gocsv/releases/edit/latest) the release, remove the existing zip files, and upload the recently created zip files in `dist/`.
+3. Navigate to the [Releases page](https://github.com/aotimme/gocsv/releases) and draft a new release. Upload the newly created distribution binaries (zip files in `dist/`) by dropping them on the page.
diff --git a/Makefile b/Makefile
index aa6cb3b..6ca6f58 100644
--- a/Makefile
+++ b/Makefile
@@ -10,9 +10,6 @@ EXECUTABLE=gocsv
 dist:
 	bash scripts/build-dist.sh
 
-tag:
-	bash scripts/update-latest-tag.sh
-
 test:
 	cd $(CMD_DIR) && GO111MODULE=on go test -cover
 	cd $(CSV_DIR) && GO111MODULE=on go test -cover
diff --git a/README.md b/README.md
index f357afb..3a3f7fd 100644
--- a/README.md
+++ b/README.md
@@ -738,7 +738,7 @@ To enable debugging mode when running a `gocsv` command, specify the `--debug` c
 
 ## Installation
 
-For the latest pre-built binaries, cross-compiled using [xgo](https://github.com/karalabe/xgo), see the [Latest Release](https://github.com/aotimme/gocsv/releases/tag/latest) page.
+For the latest pre-built binaries, cross-compiled using [xgo](https://github.com/karalabe/xgo), see the [Latest Release](https://github.com/aotimme/gocsv/releases/latest) page.
 
 ### Apple OS X
 
@@ -747,7 +747,7 @@ For the latest pre-built binaries, cross-compiled using [xgo](https://github.com
 Open a Terminal window and paste the following command:
 
 ```shell
-/bin/bash <(curl -s https://raw.githubusercontent.com/aotimme/gocsv/latest/scripts/install-latest-darwin-amd64.sh)
+/bin/bash <(curl -s https://raw.githubusercontent.com/aotimme/gocsv/master/scripts/install-latest-darwin-amd64.sh)
 ```
 
 This will install `gocsv` at `/usr/local/bin/gocsv`.
diff --git a/VERSION b/VERSION
deleted file mode 100644
index 07650b8..0000000
--- a/VERSION
+++ /dev/null
@@ -1 +0,0 @@
-x.x.x
\ No newline at end of file
diff --git a/scripts/build-bin.sh b/scripts/build-bin.sh
index fe5c63c..4cc0d3a 100644
--- a/scripts/build-bin.sh
+++ b/scripts/build-bin.sh
@@ -4,7 +4,7 @@ BIN_DIR=$(pwd)/bin
 EXECUTABLE=gocsv
 
 GIT_HASH=$(git rev-parse HEAD)
-VERSION=$(cat VERSION)
+VERSION=$(git describe --tags HEAD)
 LD_FLAGS="-X github.com/aotimme/gocsv/cmd.VERSION=${VERSION} -X github.com/aotimme/gocsv/cmd.GIT_HASH=${GIT_HASH}"
 
 rm -rf ${BIN_DIR}
diff --git a/scripts/build-dist.sh b/scripts/build-dist.sh
index 0233be4..022925d 100644
--- a/scripts/build-dist.sh
+++ b/scripts/build-dist.sh
@@ -5,7 +5,7 @@ DIST_DIR=$(pwd)/dist
 EXECUTABLE=gocsv
 
 GIT_HASH=$(git rev-parse HEAD)
-VERSION=$(cat VERSION)
+VERSION=$(git describe --tags HEAD)
 LD_FLAGS="-X github.com/aotimme/gocsv/cmd.VERSION=${VERSION} -X github.com/aotimme/gocsv/cmd.GIT_HASH=${GIT_HASH}"
 
 rm -rf ${BUILD_DIR}
diff --git a/scripts/install-latest-darwin-amd64.sh b/scripts/install-latest-darwin-amd64.sh
index feea00a..639802e 100755
--- a/scripts/install-latest-darwin-amd64.sh
+++ b/scripts/install-latest-darwin-amd64.sh
@@ -2,7 +2,7 @@
 
 BINARY_DIRNAME="gocsv-darwin-10.6-amd64"
 ZIP_FILENAME="${BINARY_DIRNAME}.zip"
-ZIP_URL="https://github.com/aotimme/gocsv/releases/download/latest/${ZIP_FILENAME}"
+ZIP_URL="https://github.com/aotimme/gocsv/releases/latest/download/${ZIP_FILENAME}"
 TMP_DIR=$(mktemp -d)
 INSTALL_DIR="/usr/local/bin"
 INSTALL_LOCATION="${INSTALL_DIR}/gocsv"
diff --git a/scripts/update-latest-tag.sh b/scripts/update-latest-tag.sh
deleted file mode 100644
index a5ffe1e..0000000
--- a/scripts/update-latest-tag.sh
+++ /dev/null
@@ -1,5 +0,0 @@
-#!/usr/bin/env bash
-
-git tag -d latest
-git tag -a latest -m "Latest"
-git push --force origin --tags