Lenovo - Case Study on Indirect Tax Automation

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Discover how Lenovo automated global determination and compliance of VAT, GST and Sales and use tax in their 65 countries of operations using Thomson Reuters ONESOURCE Technology, meeting business needs locally and internationally.

Technology

AT A GLANCE
Tax Challenges
applications
Results
The Customer
LENOVO, INC.
Integrating Transaction Tax
Solutions Globally for the
New World
A GLOBAL BUSINESS WITH
GLOBAL CHALLENGES
INTEGRATING ONESOURCE INDIRECT TAX
WITH SAP
ONESOURCE®
REUTERS/JASON LEE
“We wanted a single set of rules
that the tax department could
control — not IT, and not the
end user — to make sure that
our tax liability was accurate.”
DENNIS CULIN
Director of Business Transformation

NEW THINKING FOR A NEW WORLD
ONESOURCE CASE STUDY
“Now that we’ve completed what
we call our global solution design,
we’ve conﬁgured Sabrix so that
our transaction tax processes are
extremely well deﬁned.”
DENNIS CULIN
Director of Business Transformation
© 2012 Thomson Reuters/ONESOURCE. All Rights Reserved.
ONESOURCE_Lenovo_CS_01-2012_200
ABOUT THOMSON REUTERS ONESOURCE INDIRECT TAX
INTERESTED IN FINDING OUT HOW
ONESOURCE CAN HELP YOU?

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The profitability of a business is directly impacted by how its supply chain makes and delivers goods, as well as by how that supply chain is structured to minimize trade and tax expenses Economic and technical developments drive change for businesses. As a business moves through its own life cycle ,the supply chain will also evolve, as procurement, manufacturing and distribution strategies change. The pace of change in the international tax environment is accelerating, as governments and tax administrations get to grips with BEPS. These developments will require businesses to react on a strategic and organisational level. Such changes invariably have an impact on VAT/GST and customs obligations. As the business reacts to changes in the external environment, it needs to revisit the design and operation of the supply chain at transaction level. This thought leadership from Grant Thornton explores both the indirect tax supply chain life cycle and the challenges, risks and opportunities at every stage within the supply chain.

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Lenovo - Case Study on Indirect Tax Automation

1. AT A GLANCE Tax Challenges applications Results The Customer LENOVO, INC. Integrating Transaction Tax Solutions Globally for the New World A GLOBAL BUSINESS WITH GLOBAL CHALLENGES INTEGRATING ONESOURCE INDIRECT TAX WITH SAP ONESOURCE® REUTERS/JASON LEE “We wanted a single set of rules that the tax department could control — not IT, and not the end user — to make sure that our tax liability was accurate.” DENNIS CULIN Director of Business Transformation

2. NEW THINKING FOR A NEW WORLD ONESOURCE CASE STUDY “Now that we’ve completed what we call our global solution design, we’ve conﬁgured Sabrix so that our transaction tax processes are extremely well deﬁned.” DENNIS CULIN Director of Business Transformation © 2012 Thomson Reuters/ONESOURCE. All Rights Reserved. ONESOURCE_Lenovo_CS_01-2012_200 ABOUT THOMSON REUTERS ONESOURCE INDIRECT TAX INTERESTED IN FINDING OUT HOW ONESOURCE CAN HELP YOU?

Lenovo - Case Study on Indirect Tax Automation

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Lenovo - Case Study on Indirect Tax Automation