Indirect Taxes May Surge Globally
Wednesday, January 7th, 2009 by Tax 2.0KPMG International survey shows multinationals preparing for higher VAT, other levies, as global tax rates generally fall.
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KPMG International survey shows multinationals preparing for higher VAT, other levies, as global tax rates generally fall.
Visit CFO.com for the full article.
While governments are scaling down corporate income taxes, they’re ratcheting up their efforts to boost revenue from value added tax (VAT), goods and services tax (GST), and sales taxes, according to a July report from KPMG International.
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