VAT news tagged as "Audit"

Poland

Poland SAF-T VAT reporting July 2016

November 25th, 2015

Poland is to become the latest European country to introduce Standard Audit File for Tax (SAF-T) regime. This is an XML-based protocol for the transmission of companies’ transactions to the tax authorities to enable efficient auditing of taxable transactions. SAF-T enables tax authorities to receive a complete listing of all taxable transactions (sales, purchases, stocks, …


Avalara acquires iVAT

June 16th, 2015

US Company further expands global offering with addition of leading EU provider of iVAT suite of calculation and compliance software and services Bainbridge Island, WA and Brighton, UK – June 16, 2015 – Avalara, Inc., a leading provider of cloud-based software delivering compliance solutions related to VAT, sales tax, excise tax, and other transactional taxes, …


Thailand

Thailand downturn threatens tax audits and VAT rise

September 20th, 2013

As Thailand enters recession, the falling tax receipts mean that the VAT office is looking to increasing the numbers of VAT inspections and potentially raising the VAT rate. There has been a sharp fall in the receipts from import VAT,  which is the biggest source of the consumption tax take.  This is likely to lead …


Europe

VAT audits on the rise for EU

July 25th, 2012

Businesses, large and small, trading in the EU will require to ensure their European VAT compliance is fully watertight to withstand increased questions from their local tax authorities wishing to stamp out VAT evasion and non-compliance. Companies have not generally been accustomed to heavy public audit, based on the limited inspections being carried out by …