VAT compliance on an International basis can be a complicated thing to deal with, since VAT on certain things might be higher or lower than others. In some countries, VAT is charged on food, while in others it is not. Do you know which category your home country falls under? Do you know how to […]

Reclaiming foreign vat is not a problem, generally, it seems that most companies either don’t think it is worth while or don’t know that they can. It has been estimated that around 80% of foreign VAT remains unclaimed. that is a huge amount going to revenue services throughout the European Union that should […]

Part of Finance Minister Brian Cowen’s 2008 budget speech, is to simplify the rules for VAT on property, while ensuring more equitable treatment for taxpayers. The new rules are designed to be broadly revenue neutral.
The current rules for VAT on property transactions tax the supply of a property […]

In Europe on the doors of many shops is possible to see a badge “tax-free for tourists”. It means that having done shopping in such a shop, you can essentially save money. The system of “tax-free shopping ” (TFS) is based on that in the European Union exist established rule: if you constantly live outside […]

Vat or goods and services tax (GST), is tax on exchanges. It is levied on the added value that results from each exchange. It differs from a sales tax because a sales tax is levied on the total value of the exchange. For this reason, a VAT is neutral with respect to the number of […]