Indirect Tax Management

Indirect Tax Management refers to the administration and compliance of taxes that are not directly paid by individuals but are collected by businesses on behalf of governments. Common examples include sales tax and value-added tax (VAT). Businesses must ensure they accurately calculate, collect, and report these taxes, while also managing the potential impact on pricing and customer satisfaction. Effective indirect tax management helps companies avoid legal penalties, optimize cash flow, and improve financial performance, while also fulfilling their obligations to the government and maintaining fair competition.