2018 to bring seismic VAT changes for EU and UK

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2018 to bring seismic VAT changes for EU and UK

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There are a number of colliding dynamics which will lead governments worldwide to undertake drastic measures on VAT and other taxes in 2018, resulting from namely Brexit, VAT fraud, austerity straitjackets and global tax wars, writes Richard Asquith, vice president of global indirect taxes at Avalara.

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