Posts Tagged ‘value added tax’

KPMG International survey shows multinationals preparing for higher VAT, other levies, as global tax rates generally fall.

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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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With the extensive 2010 VAT law changes arriving in Europe and the increasing pressure to improve cash-flow, tax departments of organizations running Oracle are being increasingly challenged to find better ways to manage their VAT compliance. Vertex and special guest Ernst & Young will explore how Vertex O Series eases the invoicing and accounts payable verification associated with VAT by improving calculation processes and automating global rate and rule updates.

Register Today!