Global companies are increasingly using different tactics to address today’s onerous tax compliance burdens. Some rely on outsourcing to third parties, some have in-house teams
Rapidly changing VAT compliance and reporting regulations sweeping across Europe are forcing companies to determine the best – and most cost-effective – way to minimize
Change is a constant when it comes to VAT compliance throughout Latin America. Pioneers in leveraging technology to support electronic data transmission, tax filing and
International News European Council Clears Way for Italy e-Invoicing Requirement On April 16, 2018, the European Council approved Italy’s derogation request from Articles 218 and
With implementation of technology-enabled tax compliance and reporting initiatives, Spain is leading the way throughout Europe not only in closing the VAT gap but also
With vast changes in VAT compliance and reporting regulations sweeping across the globe, companies need to strategically evaluate their approach to compliance to ensure they
Several nations worldwide are following in the footsteps of pioneering Latin American countries, leveraging data and automation to ensure compliance with tax regulations. Building on
Only two months remain until Hungary’s new real-time VAT reporting requirements kick in on July 1, 2018, and businesses must be prepared to comply with
Real-time electronic audits are increasingly common throughout Latin America, requiring companies to maintain 100% accuracy in their electronic documents and record-keeping. This process all starts
International News EU Proposes An Interim Tax On Certain Revenue From Digital Activities The European Commission recently proposed new rules to ensure the fair taxation
As a part of the Golden Tax System, the well-known tax administration system in China, the Third Stage of this system named ‘Golden Tax III’
In theory, VAT collection should be a neutral event for companies, since the tax is born and paid for by the consumer. However, with a
Businesses across Europe have been so focused on updating their processes and technologies to ensure they can transmit data under new VAT compliance and reporting
International News European Commission Backs Italy’s E-Invoicing Mandate On February 5, 2018, the European Commission backed Italy’s e-invoicing mandate by recommending the EU Council approve
One of the key challenges within e-invoicing is to keep your processes and systems compliant at all times. Guaranteeing compliance is not easy. As we
Finding potential errors or missing data before filing VAT forms is essential to efficient VAT compliance and reporting, but this process is often left to
Tax evasion is a costly problem that has impacted virtually every Latin American country. According to the Economic Commission for Latin America and the Caribbean
Brazil, Chile, Mexico and other Latin American countries have been on the bleeding edge of technology-driven value-added tax (VAT) initiatives for more than a decade.