The VAT Evolution and Why It’s So Complex Part II: Three Focus Areas for VAT

In Part I of our series on the VAT Evolution, we explored the motivations of tax authorities and governments around the world to embrace digitization and technology of a method of increasing revenue collection and shrinking tax gaps. More information on this topic can also be found by downloading your free copy of our IDC sponsored report, Taming the Value-Added Tax Beast with Technology.

In this second entry, we’ll look at three areas that are attracting a lot of attention among regulators as they continue to adjust to account for new markets, service offerings and business processes. The three areas include: