VAT & Indirect Tax
Indirect taxes such as Value Added Tax (VAT) and Goods and Services Tax (GST) and are increasingly enforced on a global basis. It’s a complex area of tax which is mainly transaction driven and so has an immediate impact on your company’s bottom line, incurring significant financial penalties at both a company and personal level if you get it wrong. Keeping up to date on amendments and implementing any necessary changes is therefore a growing challenge for companies involved in international trade.
Our expertise and knowledge of changing international legislation that impacts businesses allows the Mazars Global Indirect Tax group to determine the most appropriate indirect tax management solutions for your company. From helping you understand and comply with US trade control rules, how Brexit and EU VAT developments will impact supply chain tax obligations, or customs duty rates in Asia, our integrated team approach offers more targeted and specific solutions to support your needs. Our global network of tax experts is closely supported by individual teams of country specialists ensuring your needs are met, seamlessly and pragmatically at both international and national level. Importantly, Mazars fully understands its role as intermediary between their clients and the complex legal requirements of the cross-border indirect tax environment - always with an eye towards the operational needs of businesses.
Whether it’s helping you stay up-to-date with changes in VAT legislation to avoid costly mistakes, negotiating with local tax authorities or completing a review that can identify both indirect tax risks and opportunities for savings at national and international level, Mazars Global Indirect Tax group has a proactive, integrated and solutions-based approach to your indirect tax compliance issues.
Mazars Global Indirect Tax group offers advice and support on the following issues across a wide range of sectors:
- Advisory services on general or specific indirect customs and tax issues affecting your company;
- Indirect tax compliance obligations at global and national level;
- Identifying and managing indirect tax risks;
- Dealing with customs and indirect tax litigation issues due to non-compliance or investigation;
- VAT Litigation & Self Disclosure Advisory;
- VAT audit support and VAT scan;
- Due diligence and VAT reviews;
- Electronic invoicing issues;
- Indirect tax compliance impact on supply chain management;
- VAT advisory in connection with M & A transactions.
Our Global Indirect Tax Group can also count on several specialists in different areas:
- Real estate;
- Financial services
- Oil and Energy
- Consumer Business
Want to know more?
VAT Alert February 2017
Contributions to this newsletter come from members of the Global Indirect Tax Group, a group of professionals specialized in VAT and customs and international trade issues, based in the Mazars offices around the world.