Having originated in Latin America, the next region set to embrace continuous transaction controls is Asia. Several jurisdictions in the region have announced their intent to introduce a new invoicing system as soon as possible. In this episode of the Sovos Expert Series, Harri Vivian sits down with Victor Duarte, Senior Regulatory Counsel at Sovos to talk through the upcoming changes in the region, taking a close look at the Philippines and Vietnam.
Listen as Victor answers your most critical questions:
Question 1: Where is Asia compared to other continents on its continuous transaction controls (CTCs) journey?
Question 2: What countries are looking to move to CTCs first?
Question 3: Let’s dive a little bit deeper into the Philippines – what does their digital tax system look like today and in the future?
Question 4: Can you talk us through any e-invoicing changes happening in Vietnam?