A new service from PricewaterhouseCoopers offers detailed information on the VAT, or Value Added Tax, along with news feeds on the latest developments in the VAT arena.
This site is helpful to finance directors and tax preparers/professionals who are seeking more information on how the VAT is affected on a day-to-day basis across the world. Known as GlobalVatOnline has information on VAT rules and rates in more than 70 countries.
"GlobalVatOnLine is an on-line repository of information and news about VAT and how to manage it. Our aim was to collect key VAT data from around the world and present it in one place in an easily accessible manner," says Mark Friedlich, COO of the service. "We believe it will become an essential tool for companies trading overseas who have to contend with increasingly complex VAT regimes."