How to be VAT-Audit ready?
Businesses have recognized two main challenges: identifying the right systems and implementing the correct processes. At the same time, tax authorities globally are pursuing more real-time reporting and beginning to delve into real data to find out what is factual as opposed to what is being reported.
What trends should you watch out for? And why is it important to be prepared for them?
Click the link below as Thomson Reuters provides a quick summary of the latest business trends, challenges & future outlook, as well as our suggested best practices on being prepared to confidently meet your VAT reporting and compliance needs.