Our Finance and Tax Outlook: 2020 Webinar, jointly hosted by Keypoint and Thomson Reuters, explored the toll that is being taken by COVID-19 on tax and finance functions across the GCC. We discussed the…
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Saudi Arabia triples the VAT rate: Is your business ready?
Saudi Arabia’s value added tax (VAT) rate will increase from 5% to 15% on 1 July 2020. The kingdom’s Ministry of Finance announced this VAT hike, along with other fiscal…
Read moreOn-Demand Webinar | Finance and Tax Outlook: 2020
As organisations start to grapple with what the new ‘normal’ of 2020 (and beyond) looks like, business leaders and managers will be tasked with driving efficiencies as quickly as possible.…
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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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The charms of tax policy: Bob Deutsch shares his insights
Professor Bob Deutsch, CTA was fascinated by tax when he was a student at Cambridge in the 1980s. Well there’s a conversation-stopper.
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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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2020 Snapshot: VAT Landscape in the GCC
Thomson Reuters provides a quick summary of each country and where they are on their VAT journey; touches on lessons learned; and then focuses on how technology can help businesses to either get ready for the introduction of VAT or streamline their VAT compliance processes to ensure compliance in an increasingly digital tax environment.
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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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Where in the world is VAT/GST compliance most challenging for companies?
A new study from KPMG and the University of New South Wales (UNSW) in Sydney assesses the difficulty companies face in complying with Value Added Tax (VAT) and Goods and…
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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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