By Susannah Hammond and Mike Cowan from Thomson Reuters Regulatory Intelligence It is estimated that the pandemic has accelerated digital transformation by as much as three years. Regulatory technology (regtech)…
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How COVID-19 impacts supply chains globally and in the Gulf
A joint whitepaper by Thomson Reuters MENA and Aurifer The ongoing spread of the coronavirus (SARS-CoV-2 or COVID-19) throughout the world has not only come at a humanitarian cost, affecting…
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Best Practice Compliance: Emerging Practical Issues
Does your financial institution employ a minimal, tick box compliance system? The regulatory environment has continued to evolve at a dynamic pace. Today’s compliance function requires quick comprehension and assimilation, and…
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5 Key Considerations this FBT Season
By Hayley Lock (Partner, KPMG Employment Tax Advisory)and Stacey Biggar (Senior Manager, KPMG Employment Tax Advisory) In recent years, FBT practitioners have enjoyed a bit of a hiatus from large…
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Modernizing VAT
Thomson Reuters has partnered with Crowe LF Ukraine, as they propose alternative methods of VAT collection, discuss the role that new technologies could play in combating VAT fraud, streamlining tax systems and increasing government revenue.
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BEPS in the GCC
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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Future-proofing your business for VAT
How can a business ensure that their VAT processes are compliant and future-proof? Thomson Reuters covers these areas in the latest article, breaking down the trends, challenges, and steps businesses must take to be prepared and future-proof their businesses for VAT.
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