VAT compliance is not for free; why would you want a tax engine for VAT?
The answer to this question is that it becomes increasingly important that an organization is in control of VAT. The legislative drivers behind this include increased reporting requirements imposed by various countries, increased data analysis capabilities and exchange of information, and a shift in Tax Control Framework discussions towards indirect tax.
Read the whitepaper by Vertex to learn how to tackle the challenges in VAT’s end-to-end process by examining the root causes and exploring the options.