• International Indirect Tax

VAT Compliance and Complexity

In today’s global economy, more than 160 countries impose value-added tax (VAT) or goods and services tax (GST) on transactions of all kinds. With VAT/GST levied through all stages of the supply chain, it can have a significant financial impact.
The amount of VAT for which a business is ultimately responsible typically equates to 30-40% of gross non-US revenue. For U.S. firms not accustomed to the regulatory requirements – and whose systems are rarely designed to handle them – VAT/GST compliance can be daunting. With tax authorities in most jurisdictions leveraging technology to scrutinize returns, the risk of error detection is ever increasing.

Complex Regulations, Continuous Change

BDO’s dedicated team works with U.S.-based companies to manage all aspects of the impact and risk associated with VAT/GST and other international indirect taxes. We provide a holistic, global perspective and in-country local support through services that include:
  • VAT/GST registration
  • Strategic planning
  • Risk management
  • VAT/GST compliance
  • Tax Systems automation
  • Oversight and assurance
  • Reporting and analysis
BDO serves clients in all industries and in a wide range of capacities. We are equally comfortable advising in-house tax departments, assuming full day-to-day responsibility, or anything in-between. At all times, our goal is to work closely and collaboratively with our clients to help find the most effective solution for their unique indirect tax needs.