Tax & Accounting Blog

How businesses can prepare for global e-invoicing: Insights from KPMG tax experts

How businesses can prepare for global e-invoicing: Insights from KPMG tax experts

Highlights:  Europe’s e-invoicing rules will be standardised by 2030, leading to a surge in new mandates. Outdated ERPs can cause significant delays and issues with e-invoicing integration. ONESOURCE Pagero and Oracle solutions help multinational corporations remain compliant.   Electronic invoicing (e-invoicing) is shaking up the world of global tax compliance. Even though its widespread adoption […] … Read More

How e-invoicing and continuous transaction controls (CTCs) impact tax teams and compliance efforts: Part 2

How e-invoicing and continuous transaction controls (CTCs) impact tax teams and compliance efforts: Part 2

In the second installment of our three-part series on e-invoicing, we will explore how e-invoicing and continuous transaction control (CTC) regulations impact tax compliance, and examine some of the challenges and considerations that corporate tax teams may encounter. Highlights:  Exploring different approaches to e-invoicing and CTC compliance Technical and process challenges Considerations when selecting the […] … Read More

Managing the intersection of business automation and CTC compliance: A guide for indirect tax professionals

Managing the intersection of business automation and CTC compliance: A guide for indirect tax professionals

Highlights:  Continuous Transaction Controls (CTC) mandates Business automation and CTC compliance Consequences of non-compliance and future readiness In the ever-evolving landscape of global commerce, Continuous Transaction Controls (CTCs) have emerged as a pivotal element in ensuring compliance and enhancing business automation.  Kirsty Kerr, Director, Product Management, Thomson Reuters and Nazar Paradivskyy, Director Regulatory Affairs, Pagero, […] … Read More

E-invoicing basics for compliance professionals: Part 1

E-invoicing basics for compliance professionals: Part 1

Highlights: Tax authorities worldwide are shifting to a digital economy by implementing e-invoicing and Continuous Transaction Controls (CTCs) Understanding the differences between e-invoicing and CTCs Recognising the benefits and challenges of e-invoicing Requirements for setting up e-invoicing   A notable trend has emerged over the past few years as tax authorities worldwide embrace the shift […] … Read More

Mastering tariff series Part 1: Minimising the impact of tariffs with ONESOURCE Free Trade Agreements (FTAs)

Mastering tariff series Part 1: Minimising the impact of tariffs with ONESOURCE Free Trade Agreements (FTAs)

This blog is the first in a series of four examining product solutions that can help specialists and strategists master tariff compliance. President Donald Trump’s sporadic levying of tariffs is creating huge uncertainty for companies that do business in or with the United States. The inability to know how things will progress makes it extremely […] … Read More

Keep pace with digital tax compliance for big data and fast reporting

Keep pace with digital tax compliance for big data and fast reporting

Save time and resources in the ever-changing world of indirect tax reporting For large companies operating in a digitalised global economy, indirect tax compliance has evolved from an arduous manual task to a largely hands-off process performed by sophisticated tax technologies that execute most tax functions—data gathering, computation, reconciliation, invoicing, reporting, filing, etc.—automatically and in […] … Read More