Upstream Compliance or Vanishing Revenue: VAT, Withholding, DST and the Marketplace Squeeze

Unlike income taxes, which have a special line on a company’s P&L on which to report, there are additionally a bevy of other taxes often categorized as “transactional taxes”. Those taxes are generally directly impacting a company’s “operating profit ” line and hence its “operating profit margin”.  In a perfectly-operating system, some (but not all) of these transactional taxes should …

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