The EU legislation relating to cross-border importation of goods is very complex and varies considerably between the member states. These complexities are compounded recently with Brexit being thrown into the landscape as well. As a
Without the correct data and tax codes, a successful VAT return is impossible. Period. But so many companies across the globe are getting this wrong. Succesful VAT compliance comes down to data. And not just
The EU created the concept of the reverse charge mechanism to make it easier for both sellers and buyers to account for the VAT correctly without requiring foreign VAT registrations or having to go through
Non-resident businesses are sometimes entitled to cross-border VAT recovery on costs incurred in certain jurisdictions. However, the cross-border VAT recovery process is cumbersome and complicated so millions of euros go unclaimed every year. What are
Distance selling is when a non-resident company sells goods to EU consumers via the internet so for any e-commerce businesses, it’s important to understand the distance selling EU VAT thresholds. It’s one of the most
It’s a constant question for many financial directors over how best to manage VAT compliance for your business. The “VAT compliance” function of a business is the most important tax process for many companies. Especially