Podcast: European Indirect Taxes Transformation Guide

For many years, European Tax Authorities had been requiring companies to file summary Value Added Tax (VAT) information on their monthly, quarterly, semi-annually or annually VAT return, EC list or Intrastat. So VAT complexity was mainly on the capacity to cope with a global directive with local application such as: different rates, deadlines, currencies, languages, forms (just to mention a few) across countries.

Although European Tax Authorities have been introducing slowly technology and requiring more detailed information to complement or support the already filed summary information such as: Standard Audit File for Tax (SAF-T), electronic filings or auto submission requirements. Just in 2017, Tax Authorities understood what they could achieve with technology – detail information in real-time. Spain was the first applying such concept with Immediate Supply of Information on VAT (SII) but others are following like Hungary and Italy.

Therefore companies now not only need to cope with VAT complexity but also with technology, which may be an opportunity to simplify and improve current VAT reporting processes.

Listen to our Podcast where Yujin Weng, Regulatory General Counsel, and Casper Winkelman, Solution Principal from Sovos, as well as Daniel Kroesen, Partner at EY Netherlands, will discuss how technology is transforming the indirect tax regulation, in particular on VAT.

Why you should listen:

  • To understand the main Indirect Tax trends in Europe
  • To learn more about the next country requirements
  • To learn how to cope with this transformation

North America Tax Information Reporting
June 4, 2023
2023 IASA Xchange

Sovos will be at IASA Xchange in Minneapolis in June. This event offers education sessions for all levels and specialties of positions within the insurance industry.

North America Tax Information Reporting
June 5, 2023

Sovos will be at AICPA & CIMA Engage 2023 in Las Vegas, Nevada this June. At this event for finance and accounting professionals, you’ll be able to attend a number of informative sessions to broaden your knowledge on a number if industry-specific topics.  Both virtual and in-person registrations are available.

North America Tax Compliance Tax Information Reporting
May 15, 2023
APP2P Spring Conference & Expo

We’ll be in Lake Buena Vista, Florida this spring at the APP2P Spring Conference. Visit us at booth #423 to discuss how Sovos can help simplify your 1099 reporting processes.

May 1, 2023
2023 Tax Reporting & Withholding Conference

Join us at the 2023 Tax Reporting & Withholding Conference where industry experts will discuss top issues in tax reporting and withholding. Virtual and in-person registration options are available.

North America Tax Information Reporting
April 24, 2023
ETA Transact 2023

ETA Transact brings all things related to payments together in one event. Come stop by booth #1706 and learn about how Sovos can help your business manage its 1099-K reporting requirements.