In 2024, Poland, Romania, Denmark, and Malaysia will implement electronic invoicing (e-invoicing) mandates that demand more real-time tax data. They are not alone in this trend: More than 30 jurisdictions have enforced some form of e-invoicing mandates. Countries such as Poland, Belgium, and China, among others, have announced mandates to begin within a two-year period amidst […] … Read More

In the first two installments of our blog series on e-invoicing and Continuous Transaction Controls (CTC), we discussed the basics of e-invoicing and how it affects tax teams and compliance efforts. In this article, the third and last of the series, we will explore some of the regional complexities and challenges that companies may encounter […] … Read More

As with everything in today’s fast-moving, ever more complicated data world, the way statutory reporting is done is changing quickly. This is because technology is improving, and the regulatory requirements are always changing.  We understand that managing this complexity can be challenging. And that getting it wrong can be costly. To remain competitive and compliant […] … Read More

As governments globally require digitalised methods for e-invoicing and real-time monitoring and reporting of business transactions, multinational organisations face many complex and costly compliance challenges. In particular, mandates for e-invoicing and continuous transaction controls (CTCs) are data-intensive initiatives that demand speed, accuracy, and transparency all at once. Complying with these mandates requires technology, systems, and […] … Read More

In today’s complex regulatory landscape, statutory reporting has become a critical yet often overlooked aspect of corporate governance.  Failure to comply with statutory reporting requirements can lead to significant financial penalties, reputational damage, and even legal consequences.   This same complexity can make keeping track of multiple, international requirements challenging, meaning that the very thing that […] … Read More

Businesses that do not have sound tax provision processes are at an elevated risk of damaging their company’s financial health. Interim tax reporting plays a pivotal role in providing valuable financial information between annual reporting periods. Businesses can effectively navigate this process by understanding the significance of interim tax reporting and following best practices. Summary  […] … Read More