Understanding the impact of global tax digitalization

The Value Added Tax (VAT) landscape is rapidly evolving across different jurisdictions, leading to several key trends. Here are some noteworthy developments: 1. **Digitalization and E-Invoicing**: An increasing number of countries are adopting…

E-invoicing, or electronic invoicing, represents the digital exchange of invoices between buyers and suppliers, typically utilizing standardized formats. This system has gained significant traction globally, especially in the realm of Value Added…

Standard Audit Files for Tax (SAF-T) are standardized electronic formats designed to facilitate the exchange of tax-related data between businesses and tax authorities. This initiative aims to simplify the auditing process, enhance tax compliance,…