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Conferences on VAT/GST

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There is a clear shift emerging, from direct to indirect taxes, as governments worldwide look for ways to raise revenues to finance their budgets. Consumption taxes such as Value Added Taxes (VAT) and Goods and Services Taxes (GST) are increasing in prominence, and now exist in over 150 countries, with other countries planning to introduce consumption tax regimes over the coming months and years.

It is important for regulators and global businesses alike to develop their understanding of the various tax systems and how certain issues are solved under different regimes, in order to encourage international trade, allow legislators to learn from other consumption tax systems, and lay the groundwork for the removal of tax obstacles and related costs in global commerce.