Fonoa recently held a webinar with Erich Tschopp from AirBnB to discuss the future of indirect tax, real-time compliance, and evolving tax function needs. Erich Tschopp is the Global Head of Indirect Tax at AirBnB, responsible for VAT/tourist taxes, business advisory, controversy, compliance and (data) reporting, product and engineering work, and tax policy. He has a proactive approach to managing tax and the tax function, focusing on “working with stakeholders” rather than saying no to everybody. The AirBnB Indirect Tax function consists of a team of 20, additional regional tax teams in LATAM/EMEA/APAC, and 32 full-time employees in Engineering and Product. The future of indirect tax compliance is expected to be real-time data reporting & compliance, with a potential timeline of 7-10 years. E-invoicing & digital reporting is driving fast technology adoption, and building relationships with peers in similar companies is important for learning and informing strategic decisions. A summary of the webinar is provided below, and a link to the full webinar is also available.
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