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International business travel expenses: What can businesses reclaim? Reclaiming business travel expenses Businesses are often looking for additional ways to increase revenue. However, the most significant source of savings may be in plain sight – within their international travel invoices and receipts. Here’s what businesses may be eligible to reclaim from costs incurred during business […]
Peppol and E-Invoicing in Belgium: The start of a Digital Transformation Introduction to the Belgium Mandate Belgium is taking a firm step towards a more transparent digital economy, being in line with the broader EU tax-digitisation efforts. The country has officially passed legislation mandating the use of structured electronic invoices for nearly all transactions between […]
Taiwan introduces new rules for online platforms and Apps New Regulations in Taiwan for Online Platforms and Apps Explained Don’t disregard your digital user data; you will need it to stay VAT compliant when facilitating online sales in Taiwan this year. As of 1 January 2023, Taiwan’s National Tax Bureau has implemented new value-added […]
What is a Carousel Scheme (VAT Carousel Fraud)? VAT Carousel Fraud You may have heard of it, but what is carousel scheme exactly? A carousel scheme is a sophisticated form of VAT fraud that poses a serious threat to governments’ ability to collect revenue. Carousel schemes are a complex type of missing trader fraud. Like […]
Does a Limited Company need to be VAT Registered? VAT Registration Requirements for Limited Companies Explained When does a limited company need to be VAT registered? It’s quite simple: when your annual turnover exceeds the threshold set by the local tax authority. For example, if you supply goods or services in the UK, your company […]
Japan customs implements vital amendments to combat abusive practices New Japan Customs Amendments Aimed at Preventing Abusive Practices Significant changes have recently been published concerning Japanese customs procedures. These changes, issued by the Japanese customs authorities on 30 June 2023, confirm a few vital amendments to the primary circular of the Customs Code. Here’s what businesses need […]
Claiming VAT in Aviation Understanding VAT Claims in the Aviation Industry When it comes to VAT reclaim in the aviation industry, the reclaim process can get so murky that many aerospace companies recover only a fraction of what they can rightfully claim. Moreso, many companies in the aviation sector are unaware of hidden VAT that […]
Singapore: New GST rules for non-resident companies Understanding Singapore’s new GST rules for non-resident companies As of 1 January 2023, Singapore has introduced an increase in the tax on goods and services (GST). This change breaks a 15-year cycle of consistent GST rates in Singapore. The confirmed increase will follow a phased approach. The first stage includes […]
Claiming VAT within the automotive industry VAT Claims in the Automotive Industry Explained for Businesses The automotive industry is one of the world’s largest by revenue. So, it may come as a surprise that many companies within the automotive industry are losing millions of euros each year in unclaimed or rejected VAT refunds. Along with […]
Mexico Rule 2.9.21: What Foreign Digital Service Providers Need to Know About Real Time Tax Data Access What Is Mexico Rule 2.9.21? Mexico Rule 2.9.21 requires foreign digital service providers and digital platforms to give Mexico’s tax authority (SAT) permanent online access to transaction level data for sales to customers in Mexico. The rule took […]
Portuguese SAF-T, e-Invoicing and UBO Rules: What Foreign Enterprises Need to Know The Short Answer on SAF-T in Portugal Foreign businesses registered for VAT in Portugal that issue invoices with Portuguese VAT generally must submit a SAF-T invoicing file to the tax authority (AT) every month, by the 5th of the following month. SAF-T is […]
Germany e-Invoicing Mandate: 2026 BMF Letter Provides Further Clarification Ahead of the 2027 B2B Deadline Germany’s Federal Ministry of Finance (BMF) published a new guidance letter on 15 October 2026, providing further clarification on the Germany e-Invoicing mandate for B2B transactions. The publication comes as German businesses prepare for the next phase of the e-Invoicing […]
Do You Need a Fiscal Representative? It Depends on What You Sell Short answer: If your business is established outside the EU and needs a VAT number in a Member State that requires representation, you may need a fiscal representative before you can register. If you only sell digital services to consumers through the non-Union […]
Conferma and VAT IT partner to streamline VAT recovery on hotel spend Upcoming integration connects hotel invoice collection with VAT reclaim processing, helping corporate travel, finance and tax teams remove friction and reduce manual administration. MANCHESTER, UK, 4 November 2026 – Conferma, the global leader in virtual card technology for business travel, today announced a […]
Shopify Just Stopped Filing Your Sales Tax. Now What? Shopify Tax files its last returns for sales made up to 31 December 2026. Here is what that means for your store, and why the right replacement is more than a cheaper return. Switching Offer Sign up before 31 January 2027 and your first three months […]
VAT Split Payment: How It Works and Where It Applies VAT fraud costs EU member states billions each year. One of the tools governments have introduced to address it is the split payment mechanism, a system that separates the VAT portion of a transaction from the net price at the point of payment, directing it […]
Digital Services Tax vs VAT on Digital Services: What’s the Difference Most businesses selling digital services across borders are already familiar with VAT. Fewer are prepared for a second, separate tax obligation sitting alongside it: the digital services tax. DST and VAT on digital services are not the same thing. They are calculated differently, […]
Colorado Is About to Tax SaaS. Here Is Why the Local Layer Is the Hard Part. Governor Jared Polis signed House Bill 26-1223 into law on 4 June 2026. From 1 January 2027, Colorado state sales and use tax will apply to computer software however it is delivered, including SaaS subscriptions, downloaded software and mobile […]
VAT Triangulation in the EU: A Practical Guide for Cross-Border Trade If you’ve ever dealt with goods crossing EU borders between multiple trading partners, you’ll know how quickly VAT obligations can become complicated. Enter triangulation, a simplification mechanism designed to ease VAT compliance for businesses involved in cross-border supply chains involving three EU-based parties. In essence, triangulation exists […]
Everything you need to know about China’s VAT rebate policy Understanding China’s VAT Rebate Policy: Foreign companies and their China subsidiaries that belong to specific categories are now eligible to apply for a full VAT refund. Here’s everything you need to know about China’s VAT rebate policy and whether or not your organisation is eligible. […]
Claiming VAT in the Construction Industry Understanding How VAT Works in the Construction Industry For many construction businesses, VAT accounts for up to 30–40% of all cash flowing through the company. So naturally, it is widely considered a significant source of additional revenue. However, the impact of successful VAT recovery is often significantly undervalued due […]
This webinar explains how US businesses can identify and recover foreign VAT, breaking down key concepts like reciprocity and showing where refund opportunities are often missed.
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