VAT Reporting Services
For corporations or their subsidiaries that are VAT-registered in countries charging VAT, our VAT Reporting Services can improve the accuracy and efficiency of in-country VAT filing efforts.
Our service is designed to support the quantification of VAT on high-volume, low-value transactions such as those incurred on corporate purchasing or travel cards.
Our reports provide a highly accurate calculation of VAT in cases where it is not contained in transaction data. This is extremely valuable, as the majority of purchasing card and credit card transactions do not currently contain the VAT amount.
The reports can be used for validation, determination, or reconciliation purposes, and can represent a substantial savings in manual effort traditionally expended in these areas.
Reporting can be organized by country, business unit, and VAT directive (i.e., 6th, 8th or 13th).
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