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Taxmarc™ Tax Code Solution
Numerous multinational companies are facing issues with the SAP 2-character tax code design. In the event of rate changes, new tax codes will be required and because of the multiple recent VAT rate...
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The impact of VAT rate change on company’s compliance costs
By Richard Cornelisse, Director Strategy & Sales of Taxmarc™ ORC International was commissioned by HMRC in 2010 to undertake research with businesses and trade associations to explore the...
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Tax Code Structure remains the same during VAT rate change
Many SAP clients have multiple VAT registrations (in 10+ countries), principal structures, complex business model for sales of goods, cross-border, drop shipment, shortage tax codes (use of 900 + SAP...
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