Indirect taxes and global trade

In recent years, issues related to managing indirect taxes — such as VAT, GST, customs and excise duties — have risen on the corporate agenda.

Related topics Tax Tax controversy Global trade

        What EY can do for you

        Knowing the indirect tax rules for your business operations and applying them correctly are key to avoid assessments, penalties and goods blocked on airports, harbors, roads, etc. Taxpayers and tax administrators do not always agree about the rules. Complex local legislation, evolving business models and widely different compliance obligations in different jurisdictions add to the risk of disagreements.

        We can advise you on the steps to take to strategically meet your tax obligations and resolve tax controversy. We foster an open dialogue with customs authorities, government officials, business partners and other stakeholders about customs and international trade issues, the impact of policy decisions and the importance of free trade.

        TradeWatch

        In today's global economy, moving goods internationally can be a complex and costly activity. Our Global Trade newsletter, TradeWatch, provides timely information about customs and international trade developments to help our clients develop strategies to manage duty costs and the risks of global trade, to improve trade compliance and to increase the operational effectiveness of international supply chains.

        TradeWatch Issue 3 2021 (pdf) looks at a wide range of trade topics and developments around the world including how supply chains are impacting trade functions and how international trade can create value. It also looks at customs valuations developments including the important nexus between trade and transfer pricing. In this issue there is a special ‘Focus on Middle East and North Africa’ highlighting some key trade topics and issues in this region.

          How EY can help

          VAT, GST, sales and other consumption taxes

          We consult on, assist with and help implement indirect taxes throughout the tax life cycle, including planning, risk management, systems and automation, compliance, and controversy, helping you to meet your business goals around the world.

          Read more
          Women using laptop

          Podcast: How unilateral digital services taxes put global tax reforms in motion

          This episode of Tax and Law in Focus explores how the proliferation of DSTs has helped fast-track BEPS 2.0, triggering the biggest shake-up in international taxation for decades.

          Discover more

           

          Contact us

          Like what you’ve seen? Get in touch to learn more.