What EY can do for you
As increasing numbers of tax authorities around the world introduce new reporting obligations, businesses are under growing pressure to stay compliant with the complex requirements and changes. The introduction of transaction level reporting makes this even more challenging, removing the ability and the time to manually interact with data before its submission to governments.
EY Global Technology helps in keeping appropriate compliance levels today while future-proofing one’s organization for tomorrow.
Redefining the approach to insourced compliance
EY has developed GVRT, a cloud-based solution, to help companies manage their indirect tax function by leveraging the latest VAT, GST and SUT reporting technology available, redefining the standards of indirect tax compliance reporting processes globally. GVRT also comes with a suite of integrated modules to tackle unique indirect tax regimes such as those found in the United States, China, and India. GVRT can support the supplemental filing requirements needed in numerous countries, such as the Standard Audit File for Tax (SAF-T), Immediate Supply of Information (SII) and the Continuous Transactional Controls (CTC) submissions.
Key functionality