The trend for governments to raise more revenues through indirect taxes seems set to continue. The spread of Value Added Tax and Goods and Services Tax is continuing at a rapid pace across the world and the design of these taxes is constantly under review where already in place.
This shift poses new challenges for business. Will a fundamental redesign of the structure of the tax function, as well as finance and procurement departments, be required to correctly identify the costs to control? See the forward looking insights for 10 countries and explore how business can overcome these challenges.
Our thoughts on some of the significant questions you should be asking yourself are set out below. Read the full report for a snapshot of the current global landscape and more pivotal challenges to come.