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Sovos Highlights 4 Tax Compliance Megatrends Facing Multinational Companies


Sovos Highlights 4 Tax Compliance Megatrends Facing Multinational Companies
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12th Edition of Annual Trends Report Puts Spotlight on Current and Near-term Legal Requirements Across Regions and VAT Compliance Domains
Continuous transaction controls have emerged as the primary concern for multinational companies looking to ensure compliance despite growing diversity in VAT enforcement approaches.
BOSTON (PRWEB)
December 16, 2020
Global tax software leader Sovos today released its report on global value-added tax (VAT) mandates and compliance. The report, “VAT Trends: Toward Continuous Transaction Controls” provides a comprehensive look at the regulatory landscape as governments across the globe are enacting complex new policies to enforce VAT mandates, obtain unprecedented insight into economic data and close revenue gaps. ....

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