Indirect Tax Can Drive Costs For SSCs

The economic downturn has forced multinationals to improve their admin processes and back-office functions – hence the continuing trend towards using shared service centers. A recent E&Y survey indicates that 27% of the global executives interviewed said that they would increase their use of shared service centers. From a VAT perspective, setting up and dealing with SSCs can be tricky, and the article addresses a number of VAT challenges that need to be considered. Includes managing by design — last words and leading practices.

Indirect Tax Can Drive Costs For Shared Service Centers
Financial Executive: Tax Strategy