Equipping AP to Support VAT Compliance

September 10, 2019

Share

If you conduct business in certain countries, one of the issues your organization faces is value-added tax (VAT) compliance. A value-added tax (VAT) is a type of consumption tax that is based on the “value added” at each stage of production. It is usually implemented as a destination-based tax, where the tax rate is based on the location of the customer. Suppliers are required to collect VAT on your offshore purchases while your own organization is required to collect VAT on your sales in…

  Become A Member

Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!

Join Today

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500