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The digitalisation of tax has been identified as the driving force behind a 38% reduction of the VAT gap across the European Union (EU). New data from the European Commission reveals member states recorded around €61 billion in lost VAT revenues in 2021 – down
A major overhaul of Brazil’s taxation system has been approved by the country’s Senate in a move that will see five existing taxes replaced with two new indirect taxes and a significant simplification of its tax code. In an historic vote last Wednesday (8th November),
We’ve recently attended, exhibited and spoken at several major industry events; and from Spain to Florida, wherever we go and whoever we talk to, the topic on the tip of everyone’s tongue is the digitalisation of tax. Certain themes – such as SAF-T and e-invoicing
Verifying tax registration numbers (TRNs) is a legal requirement in many countries around the world, including in the European Union (EU). But we know many businesses – including some of the most famous brands of all – are failing to do so; either because they
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A series of recent developments in Brazil have revealed the outline of a major reform of its VAT regime and digital requirements for businesses trading in the country. In July, the Brazilian Chamber of Deputies approved a proposed constitutional amendment that would see a new
