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Once considered unthinkable, the possibility of a value added tax (VAT) for the first time is seriously being considered by our government. Make sure to take the Sabrix VAT survey to weigh in on the topic.
1
. If a value added tax (VAT) were to pass in the United States, do you think it will significantly increase the cost of compliance ?
If a value added tax (VAT) were to pass in the United States, do you think it will significantly increase the cost of compliance ?
Yes
No
2
. Do you think a VAT in the United States will make achieving compliance more difficult?
Do you think a VAT in the United States will make achieving compliance more difficult?
Yes
No
Not Sure
3
. Do you currently have the in-house expertise to comply with a United States VAT?
Do you currently have the in-house expertise to comply with a United States VAT?
Yes
No
Not Sure
4
. Do you think a VAT policy in the US is the right direction to head?
Do you think a VAT policy in the US is the right direction to head?
Yes
No
Not Sure
5
. Do you think a VAT would be more successful than the streamlined sales tax (SST) initiative in streamlining indirect tax compliance in the US?
Do you think a VAT would be more successful than the streamlined sales tax (SST) initiative in streamlining indirect tax compliance in the US?
Yes
No
Not Sure
6
. How long would your company need to prepare to comply with a VAT?
How long would your company need to prepare to comply with a VAT?
Less than 6 months
6 month - 1 year
1-2 years
More than 2 years
7
. How prepared is your business to seamlessly comply with a VAT in the United States?
How prepared is your business to seamlessly comply with a VAT in the United States?
Highly Prepared
Somewhat Prepared
Not Prepared at All
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