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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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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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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Thomson Reuters highlights 6 reasons why purpose-built VAT software that seamlessly integrates with existing business systems can help your business manage modern VAT demands with greater confidence.

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Government tax authorities worldwide are deploying digital methods to administer their tax regimes and many corporate tax departments are struggling to keep pace. “Amid increasing demands for tax transparency by…

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