Component of foreign trade
Companies are increasingly confronted with complex VAT issues in global trade:
- “In which cases are sales to foreign customers exempt from VAT?”
- “Which VAT rules do I need to know and observe for chain transactions, transit trade transactions, provision of services or consignment stock transactions?”
- “What evidence must be provided for sales tax exemption?”
- “In what form am I required to document and archive?”
The incorrect assessment of sales tax facts leads to subsequent tax and interest levies.