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Klijent: Vertex EMEA
Format: Bijela knjiga
Veličina: 1,47 MB
Jezik: Engleski
Datum: 05.12.2024
Global Digital Services: A Tax Compliance guide
As digital businesses expand their reach managing international tax regulations has become increasingly complex. Changes in tax policy and the rise of destination-based taxation are each creating new challenges when operating across borders. With over 80 tax authorities now applying taxes at the destination, staying compliant has never been more complex.
In recent times there have been significant shifts in how digital goods and services are taxed, with many jurisdictions now enforcing destination-based tax rules. Businesses must adapt their strategies to manage an ever-growing number of tax authorities effectively.
This guide offers detailed insights and practical advice on the tax topics that help your business comply with the latest tax regulations, including:
- Using data points to determine the correct customer location and correct tax.
- Monitoring regional tax thresholds
- Applying jurisdiction-specific FX rates correctly
- Following invoicing rules by country
- Verifying customer business status for VAT
- Storing transaction data securely for audits
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Adapting systems to changing tax rules.