Is “Co-Sourcing” the future of Indirect tax return filing?
![Is “Co-Sourcing” the future of Indirect tax return filing?](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fn8j7z2cp%2Fproduction%2F240b77e63887a560e4377712681e22eb25df4c41-1392x772.webp%3Fw%3D1392%26h%3D772%26fit%3Dcrop%26auto%3Dformat&w=3840&q=75)
December 13th, 2023 | 4:00PM GMT | 11:00AM EST | 08:00AM PST
VAT Returns
Being part of an exponentially expanding business is a great place to be …unless you are a tax manager trying to cope with this “hockey-stick” growth and its impact on your VAT/GST compliance.
Balancing tax compliance with other critical tasks is a constant struggle for many tax teams, especially those with headcount constraints. To handle this, some do insource the work; others outsource it completely.
However, more recently, a third alternative has been gaining traction - co-sourcing.
What is co-sourcing?
Co-sourcing is a collaborative approach, where the company retains some in-house functions while outsourcing others. This strategy provides a balance between control and external expertise.
The heart of co-sourcing is having a software tool that can be used to automate tasks like data ingestion, data enrichment, and data validation. The data is then used to generate things like returns/reports. Responsibility for certain tasks is split between internal and external teams.
Until recently, co-sourcing was not a viable option because the practicality of the arrangement was not feasible or cost-effective. However, today it is emerging as not only a viable alternative to the traditional options, but offering an outstanding level of control and value to scaling businesses.
Join the webinar to learn about co-sourcing, how it is changing the landscape and if you can level up how you handle global indirect tax compliance.
Speakers
![Alexander Kobakhidze](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fn8j7z2cp%2Fproduction%2F8bd929a7604ad97d9a2c17471d1ddf3dcc941c1f-500x500.png%3Fw%3D80%26h%3D80%26fit%3Dcrop%26auto%3Dformat&w=3840&q=75)
Visit Alexander’s LinkedInFonoa's Tax Evangelist & Director of Tax Tech. Former Head of Tax Tech at Uber. Based in Croatia, passionate about global tax solutions, and that’s why he decided to join Fonoa.
![Charles Phillips](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fn8j7z2cp%2Fproduction%2Ff85b5ee06dc00bcebdfc69f3fe670dde7ca2b665-1771x1771.jpg%3Fw%3D80%26h%3D80%26fit%3Dcrop%26auto%3Dformat&w=3840&q=75)
Visit Charles’s LinkedInCharles Phillips, Tax Manager at Fonoa, with extensive experience in indirect tax. Previously worked at PWC and at an established tax tech provider. Based in Amsterdam.
![Rob van der Woude](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fn8j7z2cp%2Fproduction%2Fcdbc79bf6edba88e426230064a3841cd174949aa-1000x1000.jpg%3Fw%3D80%26h%3D80%26fit%3Dcrop%26auto%3Dformat&w=3840&q=75)
Visit Rob’s LinkedInFonoa's Chief Tax Officer, ex-Head of EMEA Tax at Uber, with extensive tech consulting experience in US and EMEA. Based in Bucharest & Amsterdam.