In this World Finance video, Emmi Nygard, director at KPMG UK, gives an overview of Europe's pace towards tax automation. Where the U.S. was ten years ago, Emmi says, Europe is today.
Emmi's team at KPMG empowers clients to save time and simplify tax with our solutions for VAT, including Vertex Indirect Tax O Series and Vertex Indirect Tax Returns. Tax compliance rules are changing constantly, and when they do, it happens quickly, putting businesses at risk for non-compliance. With change comes a critical need to put something in place that automates tax processes and prepares businesses for a not-so-certain future.
As organizations look to automate tax, Emmi helps them strategize the best way to transform their manual tax processes. Organizations must transform in a way that supports their existing systems and sources of information.
In the end, Emmie's ultimate goal for her clients is to implement a tax automation solution that frees up their valuable time. Tax professionals are busy enough and can use this time for growing their business.
World Finance + Vertex
In March 2019, tax professionals, solution experts, and our very own customers met in Munich for Vertex Exchange Europe. World Finance interviewed half a dozen delegates for an update on Europe’s tax compliance challenges and technological advancements.
The European Union’s “VAT in the Digital Age” (ViDA) initiative is set to reshape the VAT compliance system across member states. At the core of this initiative is the transition to mandatory B2B electronic invoicing, alongside real-time reporting requirements.
For businesses, these changes bring both challenges and opportunities, requiring organizations to adapt their systems, processes, and strategies to remain compliant while also unlocking new efficiencies in their operations.
Get practical guidance on stabilising your France e-invoicing setup, preparing for future e-reporting and e-invoicing mandates.
Since France’s e-invoicing mandate was implemented, the focus for finance and IT teams has shifted from meeting the deadline to resolving operational issues and strengthening processes.
Join Gonçalo Ladeira Dias and Patricia Rocha Jordan for a 45-minute interactive clinic in which they’ll share lessons from the first live implementations, discuss common pitfalls and answer your questions about e-invoicing and e-reporting in France.