When Musto, the world’s leading sailing and country sports brand, needed to anchor expert financial advice about VAT, GST and corporate taxation for each planned stopover during the Volvo Ocean Race. Musto turned to UHY member firms in 10 different locations to get this advice coordinated by the UK member firm.
• Taxes comprise 59% of petrol fuel cost in Europe, compared to 50% of global average
• European tax rates higher than other major economies including USA and Japan
We welcome, GEWORD, our new member firm in Georgia, to the global accountancy network UHY, extending our coverage within the EMEA region.