DATE HOSTED: 31 March 2020
DURATION: 60 minutes
The days of self-assessing your company’s VAT position are numbered.
With tax authorities digitizing continuous transaction controls, either clearance e-invoicing or continuous reporting, all the data needed to evaluate your VAT position will be at their fingertips. How confident are you that the tax authority’s summary of your VAT inputs and outputs would be accurate? If you want to contest it, you’ll need robust evidence. If you pay, your cash flow could take a substantial hit – even if you’re entitled to a rebate.
Companies today are also increasingly having to look at running procurement and sales processes from multiple cloud-based platforms. With rules varying widely across different countries, any native archive transaction could inadvertently overlook compliance obligations. Fiscal records stored in disparate archives may be difficult to access when inevitably, an audit happens. How can you avoid the disruption this could cause to your business?
This webinar covers:
Manager, Regulatory Analysis & Design, Sovos
Regulatory Counsel, Sovos