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ITR Indirect Tax Forum 2023: Govts Turning Companies into ‘Free’ VAT Auditors

The forum heard that VAT professionals are struggling under new pressures to validate transactions and catch fraud, responsibilities that they say should lie with governments.

Governments are putting too great a VAT reporting burden on companies, which have now become “free auditors”, said panellists at the ITR Indirect Tax Forum 2023 in Brussels.

Source: ITR

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