The rise of value-added tax (VAT) and other indirect taxes across Europe represents a critical area of focus for multinational businesses, with implications for compliance, reporting and strategic planning. While VAT is a stable and predictable source of government revenue, its multi-layered application and frequent changes can create complex challenges for companies operating across borders.
In this episode of Grant Thornton’s D.C. Dispatch podcast, David Sites, National Managing Partner in the Washington National Tax Office, talks with Emma Broderick, an Indirect Tax Partner at Grant Thornton Ireland. Together, they explore how VAT is developed and applied across Europe, including harmonized EU directives, varying national rates, and the nuances that affect businesses — from cross-border trade to digital services. They also discuss practical considerations for compliance, including real-time reporting, e-invoicing mandates, and technology investments that help multinational companies manage VAT obligations efficiently.
Their discussion highlights both challenges and opportunities. Businesses must navigate complex VAT rules while adapting to evolving digital reporting requirements and supply chain shifts. At the same time, understanding the broader policy trends, such as governments using VAT to drive sustainability, health or social agendas, can offer strategic insights for companies seeking to optimize operations and remain compliant.
For a detailed look at how VAT and indirect tax developments may affect your business and practical strategies for navigating this evolving landscape, listen to the full discussion.
PODCAST
Indirect tax in focus: VAT, digital services and EU trends
Listen to the podcast
35:25 | Transcript (PDF - 99.5 KB)
Podcast highlights
00:05 Introductions
01:16 Understanding value added taxes
03:49 VAT policy and rates in Europe
12:34 VAT reporting and e-invoicing
18:42 Technology and business adaptation
28:39 The future of VAT and digital transformation
33:18 Closing
Contacts:
National Managing Partner,
Washington National Tax Office and International Tax Solutions
Grant Thornton Advisors LLC
David leads the firm's International Tax practice, which focuses on global tax planning, cross border merger and acquisition structuring, and working with global organizations in a variety of other international tax areas.
Washington DC, Washington DC
Industries
- Manufacturing, Transportation & Distribution
- Technology, Media & Telecommunications
- Retail & Consumer Brands
Service Experience
- Tax Services
- International Tax
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