Tax codes – the motor of VAT determination
How tax codes help ERP’s and tax engines get global VAT calculations and reporting right Tax codes provide the information tax engines, ERP’s or accounting systems need to correctly identify the right VAT, GST or sales tax rates and reporting for any transaction. Whilst there
Can Artificial Intelligence produce VAT advice?
Will ChatGPT and other natural language Artificial Intelligence chatbots produce reliable VAT advice? No. And yes. Whilst Artificial Intelligence (‘AI’) tools have boomed in the hunt for VAT evasion, its over confidence in ‘generative AI’ in delivering ‘hallucinatory’ written advice has sunk it as a
VAT TV – EU VAT in the Digital Age which measures to survive?
Global VAT changes May 2023
VAT TV April 2023 news
QR Codes and VAT invoices – global tracker
Invoice Quick Response Codes are becoming mandatory as tax authorities digitise As part of the efforts to recover billions in lost VAT fraud and digitise tax, many tax authorities are imposing the obligation to include Quick Response Codes (QR Codes) on VAT / GST invoices.
Global VAT changes April 2023
VATCalc in SAP Cockpit – the pain and cost of tax engines ends here
‘VAT Calc in SAP Cockpit’ means lengthy and expensive tax engine integrations with ongoing large-team support are history – for enterprise and mid-market companies. If you a SAP user with a VAT or GST headache, ask yourself this: Are you an enterprise business, frustrated by