VATupdate
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Tax control frameworks – managing global tax risks

The global business landscape is evolving rapidly and many organizations worldwide are experiencing challenges from regulatory changes and the increasing need for transparency in financial reporting. Recent global trends such as BEPS 2.0, tax accounting or tax transparency have gained in importance of financial controls in all areas including tax. Tax authorities worldwide are increasingly expecting companies to have effective approaches regarding tax risk management in place.

Source KPMG

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