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Cross-border trade

20 August 2024 / Craig Reed
Issue: 4950 / Categories: Comment & Analysis , cross-border interest , SMEs , International
186145
From local to global

Key points

  • The globalisation of trade with rulings such as the 2018 US Supreme Court S Dakota v Wayfair decision has ushered in a new era of cross-border complexity.
  • Small and medium-sized enterprises face unique hurdles when it comes to cross-border compliance.
  • The power of advisory in tandem with purpose-built cross-border technology tools some of which incorporate AI help businesses comply with country-by-country rules and regulations.

In today’s rapidly evolving global economy accountants face a unique set of challenges. The landscape of international trade has shifted dramatically bringing with it a complex web of cross-border compliance obligations that accountants can help clients navigate and in the process enhance their trusted adviser status.

The globalisation of trade coupled with landmark rulings such as the 2018 US Supreme Court South Dakota v Wayfair decision has ushered in a new...

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