Tax & Accounting Blog

Thomson Reuters Survey Reveals 80 Percent Increase in Indirect Tax and VAT Audit Activity

Thomson Reuters Survey Reveals 80 Percent Increase in Indirect Tax and VAT Audit Activity

New York, May 4, 2011 – A Thomson Reuters survey conducted with global companies showed that despite an 80 percent perceived increase in audit activity, less than half of companies (48 percent) automate the entire indirect tax process — from tax preparation to remittance and recovery. The automation process is a critical component of achieving … Read More