International VAT
What is VAT Recovery?
What is VAT Recovery?
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
Should Your Business Be Paying Provincial Sales Tax in Canada?
Should Your Business Be Paying Provincial Sales Tax in Canada?
Foreign businesses may be liable to provincial sales tax in Canada. However, because the legislation is changing quickly and it’s not at a national level, keeping track of how you’re meant to remain compliant is
What You Need To Know: Japanese Consumption Tax on digital services
What You Need To Know: Japanese Consumption Tax on digital services
We’ve put together this quick guide to Japanese consumption tax (JCT) on digital services. This will help any foreign businesses that may be providing digital or electronic services to Japanese consumers. Background to Japanese consumption
Importer of Record and EORI Registration
Importer of Record and EORI Registration
When goods are brought into the EU, duties and VAT will be due from the importer of record, who requires an EORI number. Businesses must consider the structure of their imports. As a non-EU based
Charging Sales Tax in Europe
Charging Sales Tax in Europe
Non-EU businesses selling to EU customers may face many VAT obligations depending on the nature of their transactions. Advice should be sought to ensure compliance and efficiency. VAT is the EU’s version of sales tax.
Better Late than Never: Ireland cuts VAT rate from 23% to 21%
Better Late than Never: Ireland cuts VAT rate from 23% to 21%
Better Late than Never: Ireland cuts VAT rate from 23% to 21% As the saying goes, “Better late than never”. The Irish government has dropped VAT rates and introduced new measures to stimulate the economy
Import VAT Deferment in Netherlands – Article 23 License
Import VAT Deferment in Netherlands – Article 23 License
When goods are imported into the European Union (including the UK), import VAT is charged as a percentage of the value of the imported goods. The company responsible for clearing the goods through customs is
How Import Taxes Work: VAT, Duties and Customs Clearance
How Import Taxes Work: VAT, Duties and Customs Clearance
When goods are imported into a country with a VAT regime, import VAT is charged as a percentage of the value of the imported goods. In addition to the VAT, customs duties will also be
Russia-B2B e-services
Russia-B2B e-services
Currently under Russian law, non-established suppliers of e-services to Russian consumers are required to register for Russian VAT, and account for VAT on periodic VAT returns.