International VAT Archives

International VAT

Global VAT: The most dominant and complex of taxes

February 26, 2021

VAT is everywhere but it’s a complexity of small differences. This article gives simple solutions to the complex, expensive and confusing problem of global VAT, In theory, VAT is simple. The principles are easy enough

How Importers and Exporters can increase Import VAT Savings

December 1, 2020

For many companies, finding ways to increase import VAT savings can feel overwhelming and difficult to implement. You wouldn’t be incorrect in thinking. It is complex to unlock Import VAT savings while ensuring 100% VAT

The top 3 VAT issues businesses who sell goods/services cross-border (B2B) should consider

November 10, 2020

As a business trading globally, you are probably aware of the complexity of international VAT compliance. There are several reasons why you might have the need for VAT registrations in multiple jurisdictions. The compliance burden

Customs Clearance – Who can act as the declarant?

October 7, 2020

Importers must consider the practical issues relating to customs clearance. Many countries require that you appoint a local agent to act as importer of record - this is independent of VAT compliance The EU legislation

What is VAT Recovery?

October 1, 2020

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?

September 21, 2020

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

Cross-border VAT Recovery

September 14, 2020

If business incur VAT in a country but are not obliged to VAT register there, stand-alone submissions can be made to recover this VAT. Strict conditions apply to these claims. In order to encourage international

What You Need To Know: Japanese Consumption Tax on Digital Services

August 27, 2020

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

August 11, 2020

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

August 11, 2020

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.

International VAT