Three Key Reasons to Appoint a VAT Compliance Managed Service Provider
With a VAT gap across EU countries estimated at €140 billion in 2018, tax authorities are continuing to take steps to boost revenues, increase efficiency
With a VAT gap across EU countries estimated at €140 billion in 2018, tax authorities are continuing to take steps to boost revenues, increase efficiency
Part 2: Main Aspects of the 2nd Modification of the Miscellaneous Fiscal Resolution for 2020 In addition to the provisions related to digital services explained
Part 1: Main Aspects of the 2nd Modification of the Miscellaneous Fiscal Resolution for 2020 The Mexican Tax Administration (SAT) released the second modification of
Since 31 January 2020, the UK is officially no longer part of the EU but is considered a third country to the union although EU
The European Commission recently opened a public consultation on a carbon border adjustment mechanism (CBAM) to maximise the impact of tax in meeting the EU’s
On 15 July 2020, the European Commission (EC) adopted a new Tax Package, intended to increase tax compliance while reducing administrative burden on businesses. The
The October deadline is fast approaching for the Indian CTC invoicing mandate, but it remains a moving target. In a swift move that was published
At a time when the global VAT landscape is undergoing significant change, we teamed up with Shared Services Link to understand more about the key
Addressing Base Erosion and Profit Shifting (BEPS) has been a key priority of governments around the world. The Organisation for Economic Co-operation and Development (OECD)
The world has witnessed how several Latin American countries have successfully adopted e-invoices to replace paper versions and close VAT gaps – the difference between
VAT gaps can generally be found in countries that collect indirect taxes. This hiatus has led many tax administrations to implement Continuous Transaction Controls (CTCs),
For rules to carry any real weight, the rule-maker must combine compliance with that rule with either a carrot or a stick. In the field
A touch of CLASS: simplifying access to customs tariff data CLASS – short for Classification Information System – is the new single point access search
myDATA updates On 22 June, the joint Ministerial Decision that sets forth the myDATA framework was published. The decision specifies, among other things, the scope
For the first time in history, international business and governments have come together. Their aim was to define and agree a guiding set of principles
A new and growing reporting trend in Europe, despite the current pandemic, is the move towards more transaction-based reporting – also known as Continuous Transaction
Throughout this year, one development we’ve seen substantially increase is the use of targeted VAT rate changes by governments around the world. Given the large
After a period of solid work around the myDATA framework, with little documentation left to implement the entire scheme in Greece, the IAPR has shifted