Category: Tax Compliance

Vietnam E-invoicing Roll-Out in July 2022
Electronic Invoicing

Vietnam: E-invoicing Roll-Out in July 2022

During the last decade, the Vietnamese government has been developing a feasible solution to reduce VAT fraud in the country by adopting an e-invoice requirement

Turkey Expands Scope of E-Documents (1)
Electronic Invoicing

Turkey Expands Scope of E-Documents

Towards the end of 2021, the tax authority in Turkey published a draft communique that expands the scope of e-documents in Turkey. After minor revisions,

Form 1042-S tax reporting
1099

More Changes to Form 1042-S

No matter the size of the business, the tax season kicked off this past month with tax reporting professionals tackling the massive task of issuing

Eastern Europe The Rise of CTCs
Electronic Invoicing

Eastern Europe: The Rise of CTCs

In a blog post earlier this year, we wrote about how several Eastern European countries have started implementing continuous transaction controls (CTC) to combat tax fraud and

How to Manage VAT Changes
Tax Compliance

How to Manage VAT Changes

In our previous blog, we completed the compliance cycle with tax authority audits. However, that’s not the end of the challenges businesses face in remaining

Easing the Stress of IPT Filings
IPT

Easing the Stress of IPT Filings

Insurance premium tax (IPT) deadlines – whether it’s month end, quarterly filing or end of year, can be stressful for insurance tax teams. Juggling regular

Poland Insurance Ombudsman Contribution
IPT

Poland: Insurance Ombudsman Contribution

Currently, Poland doesn’t have an Insurance Premium Tax (IPT). Instead, there is a parafiscal tax called Insurance Ombudsman Contribution (IOC). It is currently charged at

How to Prepare for a VAT Audit
Tax Compliance

How to Prepare for a VAT Audit

In our previous blog, we looked at the challenges that businesses face in submitting VAT and other declarations on an ongoing basis. However, the compliance