Indirect tax audits by tax authorities can be time consuming and expensive for companies, yet they often overlook the opportunity to actually prepare for upcoming audits. Businesses can take steps ahead of time to help alleviate some uncertainty around audits and can take other steps during an audit to help with the final outcome, explains John Bain of KPMG.
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But businesses should remain flexible when choosing between internal and external resources to handle added ViDA complexity, ITR’s Indirect Tax forum also heard
The new managing director of R&D tax relief consultancy ForrestBrown tells ITR about his priorities for the business, where he’s focusing his time and what makes tax cool