Tax & Accounting Blog

Tax Leaders from Global 2000 Companies Say VAT and Sales and Use Tax Compliance Will Be Top Issues in 2013 and Beyond

Indirect Tax, ONESOURCE, Sales and Use Tax January 22, 2013

TR Grey signAccording to a recent Thomson Reuters poll, 88 percent of indirect tax executives have seen an increase in activity by tax authorities in the last two years.  In addition, nearly two-thirds (63 percent) of respondents are spending more time on tax compliance strategy and planning. The poll was conducted in Q4 2012 at the annual Thomson Reuters SYNERGY Conference, where more than 1,000 tax leaders from Global 2000 firms discussed key tax compliance challenges and opportunities.  Additional findings from the survey of 60 executives conducted during the indirect tax and VAT sessions found:

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