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Sovos Releases Annual VAT Trend Report

MONEY VAT 1Sovos has issued its annual report on global value-added tax (VAT) mandates and compliance this week. The publication “Trends in Continuous Global VAT Compliance,” provides a guide to global VAT enforcement regulations and delivers strategic recommendations for businesses.

 

The report, in its eleventh edition, is comprised by contributions from a team of global tax compliance experts. It is the first of these reports to expand its scope  beyond e-invoicing compliance to continuous transaction controls, including e-archiving, and VAT determination and reporting. 

The Sovos report offers specific recommendations for businesses upgrading or migrating ERP systems while trying to keep abreast of trends in global VAT compliance at the same time. It also provides a comprehensive guide to CTC compliance mandates in countries all over the world.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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