KPMG LLP invites you to join us for a discussion on global trends in indirect tax compliance.
What are the developments?
Tax authorities and businesses view technological improvements as an opportunity to improve VAT/GST reporting processes. In recent years, tax authorities across the globe have introduced new indirect tax compliance requirements such as using e-invoicing, imposing real time reporting for sales transactions, and adopting specific electronic accounting formats. The United Kingdom, with the adoption of the Making Tax Digital requirement for VAT purposes is one of the latest examples of countries moving towards the digitalization of VAT reporting. At the same time, companies can leverage a broad range of tools that allows them to not only automate the indirect tax compliance process, but also facilitate the tax determination process.
Who will be impacted by the changes?
Businesses with activities in a country imposing a VAT/GST and US businesses that are selling remotely goods or services to customers established outside the United States.
Please join us for what promises to be an insightful and informative Webcast.