With Indirect Tax becoming many governments' preferred method of revenue raising, and evermore complicated regulations having extraterritorial reach, taxing non-residents, and focusing on more efficient tax collection through introducing real time reporting requirements, it's more critical than ever to manage indirect tax compliance and cash flows pro-actively.
In a globalized digital world characterized by fast moving markets, changing business models and the increasing prevalence of VAT/GST keeping pace can be a challenge. But indirect tax processes and reporting that fail to keep up risk non-compliance and adverse impacts on cash-flow, the amount of tax due and penalties from tax authorities.
Deloitte's global network of VAT/GST and industry focused specialists help businesses manage their indirect taxes effectively by providing tax technical support, guidance on effective processes implementation, and leveraging technology solutions. Working together, we help clients manage costs and risks both locally and globally.
Our core services include:
Global businesses need to understand the global import and export regulations applicable to their business, and to establish cost-effective internal controls to manage and monitor their international trade compliance.
Deloitte's Global Trade Advisory specialists around the world can help businesses establish an international business strategy designed to manage costs and global trade regulatory requirements while leveraging innovative technology solutions.