Indirect Tax: Priorities for 2021 and Beyond

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* 1. Please provide your details

Full Name

Job Title

Company

Country

Email Address

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* 2. What are your top 3 priorities for next year related to indirect tax?

Automate and centralize our VAT reporting compliance operations

Ensure our technology can meet ever-changing tax requirements for invoicing, reporting and determination

Set up a tax technology function

Improve collaboration between Tax and IT

Upgrade and centralize archiving of electronic invoices across different lines of business, applications etc

Automate tax determination

Get ready for the 2021 changes around e-commerce in the EU and elsewhere

Prepare for digital services tax

Improve and standardize indirect tax processes

Other (please specify)

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* 3. What are your greatest challenges to indirect tax compliance in the coming 5-10 years? Pick your top 3.

Migration to new versions ERPs e.g. SAP S/4 HANA

Diversity of country-specific digital VAT mandates and systems

Lack of time to adopt strategic responses to country-specific VAT mandates and systems

Fragmentation of tools used in my company to manage document exchange with suppliers and buyers

Lack of interdisciplinary professionals who can bridge the gap and ensure coordination among Tax and IT functions in my company

Budget constraints

Data quality issues throughout the organization affecting tax

Other (please specify)

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* 4. Do you feel prepared for digital services taxes coming into force?

Yes, we feel prepared for digital services taxes

We are still working on understanding local compliance rules

We are working out how to register and file correctly

I don't manage digital services tax

Digital services taxes don't apply to us

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* 5. How confident are you in keeping up with the changing international tax regulation/policy landscape?

Very confident

Somewhat confident

Not very confident

Worried about keeping up with regulation