Value-added Tax

Various indirect taxes await importers at every border -- as well as hefty penalties for noncompliance. As value-added tax (VAT) continues to displace direct income taxes as the levy of choice around the world, the ability -- or inability -- to manage these indirect taxes can directly affect your bottom line.

Here you will find information that can help you understand VAT developments, identify opportunities for indirect tax savings, and manage the compliance burden.

• Indirect Taxes (3rd Edition), International Tax Review, Tax Reference Library, No. 23