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November 18, 2019
Five key VAT trends and what to do about them
Amid chronic budget pressures, governments around the world are seeking new sources of revenue. As increasing income tax rates – the traditional method for growing national treasuries – becomes less fashionable, value-added tax (VAT) is now the tool of choice. Global businesses need a better plan to cope with the forces driving change in the world of indirect taxation. An EY article provides details.