VAT

• The fastest developing tax in the last 60 years – implemented in less than 10 countries in the 1960s to over 170 countries today
• Growth-friendly, based on the destination principle
• Highly reliable source of revenue and often the main revenue raiser for governments – average 20% in OECD countries, over 30% in EU
• Efficient, effective and highly attractive for governments - business is the tax collector, whilst the final consumer bears the tax
• A tax built for the future – a reliable and cost effective source of revenue with significant opportunity to streamline with appropriate technology and automation solutions allied to sound design principles

Purpose

• Non-profit organisation, solely and directly benefiting the public interest. The association is independent of political and economic interests
• International Forum and Think Tank set up to exchange ideas and share knowledge with the aim of exploring forward-looking, practical and technology-driven solutions in the area of international VAT that meet the needs of both governments and businesses in the digital age

Execution

• Holding in person and virtual international discussion forums, specialist events and lectures with experts in the field of taxation
• Sharing international knowledge and best-practices

Statutes

• Statutes

Board of Directors

• Karl-Heinz Haydl, Chair of the Board
• Julie Kajus, Vice Chair of the Board
• Donato Raponi, Vice Chair of the Board
• Mike Cunningham, Vice Chair of the Board

Events

Initiatives