The OECD’s Base Erosion and Profit Shifting (BEPS) initiative is transforming the global tax landscape. As the move towards greater tax transparency gains traction in the region, the GCC’s enterprises need to not only understand and meet all their regulatory compliance obligations locally, but also bring their tax strategies, processes and systems in line with international standards and laws.
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Addressing global trade and indirect tax compliance challenges through technology
Thomson Reuters explores how companies can update their data management approaches and compliance strategies to mitigate risk and achieve better cost control within their tax and trade functions, no matter where in the world they do business.
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Applying VAT to electronic services in the UAE
Your guide to managing VAT in an increasingly digital economy When it comes to applying VAT rules to services that are supplied electronically, taxpayers often ask which services are considered…
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Is your business prepared for a VAT audit?
Thomson Reuters reviews the importance of VAT audits, best practices that can be adopted, and areas needed to be focused by businesses to ensure their systems and VAT processes are compliant.
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