Value Added Tax

Q. Our organization is giving a $350.00 gift card to a foreign individual as a prize for a contest.… Read More

Q. Our company is paying the legal fees of former officers who are involved in ongoing litigation… Read More

Q. We are a financial institution holding a mortgage note. Our servicing area failed to timely… Read More

Q. I have my first foreign vendor transaction to process since Trump took office. Do I still follow… Read More

Q. Can foreign individuals use their foreign tax IDto claim treaty or must they have an SSN/TIN?… Read More

Q. Our company is mainly located in Texas and the company that is managing our cloud hosting is… Read More

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… Read More

Puerto Rico is in a financial crisis. The economy began faltering beginning in the mid-2000s, partly because corporate tax incentives expired in 2006 and businesses began to leave the island. Its

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Effective April 1, 2016, Puerto Rico has begun applying a 10.5 percent value-added tax (VAT) to a wide range of goods and services—the Impuesto de Valor Añadido (IVA). The legislation, Act

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Two key requirements for recovering value added tax (or VAT) are patience and persistence. And AP needs boatloads of each to navigate the process! Filing claims for VAT refunds can be a cumbersome

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