Businesses across the UAE are gearing up for the transition to mandatory e-invoicing in July 2026. Mandatory e-invoicing will standardise invoicing compliance for Business-to-Business (B2B) and Business-to-Government (B2G) transactions. Are…
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Manage risk effectively with optimised statutory financial reporting
Statutory financial reporting is the keystone of any compliance process. But, with ever-changing regulations, global political shifts, and an increased reliance on digital data, it can be complex and prone…
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President Trump’s tariffs: What tax and accounting professionals should know
The Trump administration made headlines with its imposition of additional tariffs on goods from various countries, including China, Mexico, and Canada. These tariffs, essentially taxes on imported goods, sent ripples…
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Transforming Indirect Tax Processes for Enhanced Efficiency and Compliance
External disruption has heightened the complexity of the indirect tax function, putting deadlines at risk. Priorities are changing quickly for indirect tax teams, especially with governments moving towards real-time reporting.…
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Need increased procurement cost efficiency from indirect tax perspective?
Thomson Reuters tax solution streamlines and simplifies. Inefficiencies and errors in indirect tax management can lead to unnecessary processing costs, amounting to an estimated 6% of a company’s operating expenses.…
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Enhancing Tax Efficiency with Thomson Reuters Solutions
Technology is rapidly evolving, and governments are increasingly demanding real-time reporting, putting more pressure on data management. Automation offers a way out of this complexity, making integrations a key consideration.…
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Transforming Global VAT Compliance at Redington Group
Redington is a distributor of technology products and services across Asia, the Middle East, and Africa. With operations in 40 countries and employing around 4,000 individuals, Redington is faced with…
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The New Pillar 2 Global Minimum Tax Regime:
How tax teams can build a global compliance and reporting infrastructure With the introduction of GMT, the burden of expectations on tax teams is now more complex. For many countries,…
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VAT Compliance in the UAE Property Sector: Challenges and Opportunities
The United Arab Emirates (UAE) has experienced rapid economic growth in recent years, driven in part by a booming real estate sector and infrastructure development, contributing approximately 5.5% to the…
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How indirect tax impacts your manufacturing power
In the complex manufacturing world, managing indirect taxes can be a daunting task fraught with potential pitfalls and substantial financial risks. Our white paper for tax professionals in the manufacturing…
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