Five key trends: Managing VAT/GST evolution across Asia-Pacific

The 5 trends:

• VAT/GST rates have plateaued – but their impact remains high
• Reduced rates and exemptions carry tax and social policies
• VAT/GST continues to spread in APAC, but with some reversals
• VAT/GST continues to spread in APAC, but with some reversals
• Tax administrations are also going ‘digital’

Source International Tax Review

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