We provide the following services in relation with reimbursement of international VAT:
"Experts assume that only a handful of
companies actually claim reimbursement for international
VAT. According to estimates, German companies reclaim
only a fraction of the 1 billion or so euros paid abroad
as VAT. This is probably at least partly due to the
often complex and time-consuming process involved, which
makes companies unwilling to battle their way through
the red tape."
Uwe Schmitt, certified financial consultant
and instructor of our training courses on international
VAT reimbursement, has summarized important information
on this subject in Issue 12 of "Steuertipps" (Tax Tips).
In international VAT reimbursement claims,
we examine all incoming invoices, also those from travel
expense claims (from EU member states and some other
countries), to check whether they contain refundable
international VAT. If international receipts or invoices
meet the criteria for reimbursement of VAT, we separate
these receipts and create quarterly or annual lists
in compliance with the local requirements of the individual
tax authorities.
A copy of the invoice or receipt is placed
with your documents with the note "submitted on … to
…". If receipts or invoices do not meet formal or other
requirements for reimbursement of the individual countries
involved, we contact the issuer directly and request
a corrected invoice.
|
