If so, you may face increased indirect tax regulatory costs with the introduction of measures to tax supplies where theyare consumed. These changes may require you to register for VAT/GST, collect tax and report liabilities even though youmay have no local physical presence. The changes are being driven by the debate on tax Base Erosion and Profit Shifting(BEPS), the challenges of taxing new global business models and in particular the digital economy.
The scope of the changes, the rules and compliance requirements vary from country to country across the AsiaPacific region. KPMG’s Asia Pacific Indirect Tax Compliance Center of Excellence can help cut through the complexity andprovide you with a single point of contact for your compliance service needs in the region.