Tax executives from Global 2000 companies are increasingly relying on tax compliance strategies and planning when dealing with sales and use taxes and indirect taxes like the value-added tax.
Eighty-eight percent of the tax executives polled at Thomson Reuters’ most recent Synergy conference said they have seen an increase in activity by tax authorities in the last two years. In addition, 63 percent of the 60 survey respondents reported that they are spending more time on tax compliance strategy and planning.
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