Indirect taxation is becoming ever more complicated, varied between jurisdictions and prone to government tinkering. With some of the biggest tax reforms occurring within indirect tax, getting on top of the complexity and change is vital.
Risk and reputation is a hot topic – with the public, the press and in politics. Accordingly, it is important that businesses understand that risk management needs to be everyone’s responsibility. One significant area of risk is tax. Our article discusses the main sources of tax risk and how these can be effectively managed to ensure your businesses’ reputation is not damaged.
As global attitudes towards tax change, tech companies need to future-proof their tax practices to stand up to enhanced scrutiny. The way in which companies markets and sells its services can also have tax implications. Therefore, one thing is clear – tax matters, and ambitious tech companies need to develop a tax strategy that can keep pace with their growth aspirations.