ITPG is a thought leadership, strategy and advisory firm with deep connections to and understanding of global VAT/GST policy. We support businesses in navigating the increasingly complex and ever changing international VAT/GST landscape, in engaging with policymakers, and in preparing for change and implementing new rules.
Tax policy developments, including VAT/GST, continue to grow exponentially as the number of significant long-term global challenges grows. Tackling these issues will require unprecedented levels of innovation, investment, and structural change to the tax system. Global challenges include:
Significant fiscal deficits post Covid
Climate crisis
Cost of living crisis
Demographic transition
Changing labour markets and skill requirements
Globalisation versus localisation
Added to this, the ability through e-commerce to sell anything, anywhere to anyone is accelerating the growth in new VAT/GST and reporting regimes, whilst developments in technology are allowing tax authorities greater access to analyse business data, often in real time, and at scale.
There is increased business demand for guidance through tax policy changes, and assistance in assessing the related impact on business models, supply chains, governance and profitability.
In particular, we help businesses connect with policy stakeholders to support shaping sound, simple, consistent and future proof international VAT/GST policies that create clarity for:
Businesses to invest with certainty and comply with local tax rules with confidence
Governments to safeguard tax revenue and increase administrative efficiency
We encourage the sharing and use of international best practices, allied to the use of appropriate technology as an enabler, to promote tax policies that work both today and in tomorrow's world.
With over 25 years' experience, we specialise in VAT/GST policy and offer the following services:
Engaging in constructive dialogue with policy stakeholders all over the world
Support in handling complex international and industry specific issues
Thought leadership
Strategy
Project coordination
Technology driven transformation
VAT/GST policy updates
Speaking engagements
Please contact us if you would like to discuss our range of services and how ITPG can help you.