Indirect tax compliance

Today’s global business arena is a dynamic ecosystem – one that is in a continuous state of change and development. As many businesses across different sectors pursue international expansion and growth – thanks to advancements in cross-border trade and global e-commerce markets – more sales transactions are taking place than ever before across numerous channels.

For businesses the ability to sell products services and subscriptions overseas is great news. But these transactions often involve navigating a complex web of tax rules and regulations.

There are now many tax authorities worldwide applying tax at destination so that businesses in many scenarios must charge the indirect tax rate of the customer’s jurisdiction and account for that tax with the relevant local authority.

Tax teams find themselves at a crossroads as they are required to venture into the labyrinth to adhere to the unique tax rates and indirect tax...