Map sequence that illustrates recent global indirect tax and value added tax developments by country/region.

1. Global Challenges of Indirect Tax 1 *Shifting the Balance from Direct to Indirect Taxes - PwC 2011

3. Eight more considering implementation by 2013 Global Challenges of Indirect Tax

4. Significant systems changes required and comprehensive testing projects Business Tax and VAT to merge in China – pilot in 2013, targeting fully implemented system in 2015 3 Global Challenges of Indirect Tax

5. Australian GST law expanded by 100 pages and shows no sign of slowing down* Australia looking at New Zealand’s GST system for simplification 4 Global Challenges of Indirect Tax

6. Malaysia plans to introduce GST in 2013 5 Global Challenges of Indirect Tax

7. India plans to replace 11 indirect taxes with two GST (Federal and State level) 6 Global Challenges of Indirect Tax

8. Gulf Cooperation Council seeks to implement GST systems by 2012/13* Syria has deferred VAT implementation until 2012* 7 Global Challenges of Indirect Tax

9. Six of the world’s 10 fastest growing economies are in Africa Increased oil and mineral output is expected to elevate African economies 8 Global Challenges of Indirect Tax

10. VAT rates in Europe are the highest in the world averaging over 20% European Commission embarked on a consultation to simplify VAT 9 Global Challenges of Indirect Tax

11. 5,500 Brazilian taxing jurisdictions (Federal, State, and Local) SPED system rolling out across Brazil 10 Global Challenges of Indirect Tax

12. 10,287 Sales/Use/Rental U.S. tax jurisdictions 187,688 Individual U.S. tax rules 11 Global Challenges of Indirect Tax