Tax & Accounting Blog

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

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

E-invoicing and tax compliance in an increasingly complex, ever-changing world

E-invoicing and tax compliance in an increasingly complex, ever-changing world

Learn how the rapid pace of change in global regulations and reporting requirements is increasing the importance of tax compliance. Compliance may not be the most glamorous task facing indirect tax (IDT) teams, but the rapid pace of change in global regulations and reporting requirements is turning the humble compliance function into a rapid-fire gauntlet […] … Read More

Top 20 FAQs about the EU VAT One-Stop Shop

Top 20 FAQs about the EU VAT One-Stop Shop

The European Commission’s latest value-added tax (VAT) regulations for online sellers and marketplaces amount to countless pages of legislation, which could take a good deal of time to review, digest, and implement. If your e-commerce business-to-consumer (B2C) organisation is still trying to keep pace with the July 2021 changes, we have compiled a list of […] … Read More

Is your e-commerce business ready for the new Import One-Stop Shop EU VAT rules? Tips for tax compliance

Is your e-commerce business ready for the new Import One-Stop Shop EU VAT rules? Tips for tax compliance

If you are a business-to-consumer (B2C) e-commerce organisation supplying goods that will be imported into the European Union (EU), then you should already be aware of the Import One-Stop Shop (IOSS) rules that came into effect on 1st July 2021, marking an overhaul of the indirect tax regime across the union. These new rules remove […] … Read More

How can you improve your digital tax transformation journey? 

How can you improve your digital tax transformation journey? 

If you are making your way through your own tax transformation journey, then you may be interested in the on-demand version of a recent webinar.  The “Tax transformation: Steps to leverage your tax digitisation journey” discussion took place on 26 May and explored the journeys through indirect tax transformation experienced by a global group of panellists from the EU and USA.   Who were the speakers?  Byron King, Director Professional Services, Thomson Reuters, hosted […] … Read More