VAT Management: From Random Audits to Preventive Controls
Earlier this month, I had the privilege of speaking at the SAP Global Trade and Tax Conference in Amsterdam. My session, “The Role of Automated Tax Determination in a Tax Control Framework (TCF),” explored how structured VAT determination has become a critical element of modern tax processes. To understand its importance, let’s take a journey—starting in 1996, when I first began my career, and reflecting on how our approach to controls and processes has evolved over time. You will see, as tax systems evolve and challenges mount, one question looms larger than ever—one that could redefine how businesses approach VAT compliance. What I mean by this, I’ll reveal at the end.
