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By Philip Robinson, Ernst Young, Head of Global Indirect Tax and Yannick Zeippen, Partner, Indirect Tax, Ernst Young, Luxembourg
Many international enterprises want to improve the management of their indirect taxes. An integral framework for control and management of VAT and other indirect taxes is the best approach to achieve the desired goals of efficiency and value creation. Such a framework will allow companies to see their full exposure and to manage their obligations comprehensively and effectively. As a result, the company can reduce risks and deliver more value. Board members and top managers of multinational enterprises increasingly recognize the important risks and opportunities offered by indirect taxes such as value added tax (VAT)...
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