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Indirect Tax Risk Management

 
Philip Robinson Ernst & Young's Indirect Tax Leader for EMEIA and Peter Jenkins the Global Leader describe how multinational companies are responding to the challenge of indirect tax risk management
 
Various surveys and intelligence from different industries show that tax risk management remains high on the agenda of the Chief Financial Officers of multinational companies. As a result of this processes have been developed in most companies to assess and monitor tax risks and to improve in the areas where risks are seen to be most likely to occur. This article takes a look at the specific area of indirect tax risks — that is risks in the areas of value-added taxes (VAT and goods or service taxes (GST)) customs and excise duties and similar levies. Some companies still have not...

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