Developments in VAT, GST, excise, customs duties and other indirect taxes are shaping the global tax landscape and governments are improving and enhancing their indirect tax systems. These multi-layered developments make great demands on companies that want to meet their obligations.
Our annual round up of global indirect tax developments and updates Indirect tax in 2014 details developments in more than 100 countries. These include changes in tax rates, the introduction of new taxes and additions to the growing network of free trade agreements.
Keep up to date with the five significant global trends in indirect tax identified in this report:
The sheer number of changes and the pace of change are making great demands on international companies that want to meet their compliance obligations. The implications and impact of these trends for businesses are significant.