Digital transformations within an organisation usually starts with an ambitious vision, and many issues in risk and compliance need to be considered to make the vision a reality and create value for the organisation and protect consumer interests.

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Managing compliance with increasingly complex sanctions and embargo regimes is a demanding task in the current global trade environment.

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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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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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