Tax & Accounting Blog

Strategies for dealing with upcoming e-invoice mandates

Strategies for dealing with upcoming e-invoice mandates

Over the next few years, dozens of countries will be rolling out mandates for e-invoicing and continuous transaction controls (CTC) as part of a global trend toward the complete digitalisation of tax reporting and remittance. Multinational companies need to be prepared when these regulatory changes go into effect, but the path to compliance isn’t exactly […] … Read More

How to keep up with the regional complexities of e-invoicing and CTCs: Part 3

How to keep up with the regional complexities of e-invoicing and CTCs: Part 3

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

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. The purpose of this series is to help readers gain a better understanding of e-invoicing so that […] … Read More

E-invoicing basics for compliance professionals

E-invoicing basics for compliance professionals

As part of the transition to an all-digital economy, tax authorities around the world are implementing various forms of e-invoicing and/or continuous transaction controls (CTCs) to gain more control over—and insight into—business transactions, both within their borders and cross-border. In this three-part series, we will explain what e-invoicing/CTC is, how it works, why it is […] … Read More

Should you consider an automated Indirect Tax System? 9 key questions to ask

Should you consider an automated Indirect Tax System? 9 key questions to ask

A company’s decision to introduce indirect tax (IDT) automation into its tax processes is often fraught with indecision and uncertainty. Every company’s tax technology journey is different, and it’s not always clear when and how tax automation should be incorporated or what the benefits will be. During their Synergy 2022 presentation, Joe Malloy and Chandra Wing from BDO’s Indirect […] … Read More

How organisations can save on the growing costs and complexity of compliance

How organisations can save on the growing costs and complexity of compliance

As governments around the world 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 (CTC) are data-intensive initiatives that demand speed, accuracy, and transparency all at once. Complying with these mandates requires technology, […] … Read More