VAT is one of the fastest growing and rapidly changing indirect taxes. With governments becoming bolder in introducing structural changes to the way they regulate and enforce VAT reporting, complying with ever changing and fragmented VAT rules can be challenging.
The impact of tax administrations’ digital transformations for tax enforcement on business practices shouldn’t be underestimated.
Global and multinational companies with stretched resources want to automate, centralize, and streamline the processes needed to meet their periodic VAT reporting obligations.
Sovos Advanced Periodic Reporting saves you time. It empowers your tax and shared services teams to meet VAT reporting requirements, and new VAT rules, efficiently and accurately wherever you operate. Our advanced and comprehensive software provides global coverage, so your compliance is never disrupted.
Sovos’ VAT reporting meets extensive tax authority output requirements across both EU and non-EU jurisdictions including VAT returns, EC Sales and Purchase Lists, Intrastat Declarations, complex reports (including SAF-T) and other country specific declarations