Sales tax in international business transactions

Sales tax (value added tax/ VAT) has been and will continue to be harmonized in the European Union, but cross-border business activities still need to be examined for their tax liability and penalty risks.

Anyone in a company who does the bookkeeping, prepares contracts, writes invoices or checks incoming invoices must, by necessity, also be a VAT expert. Even minor errors can result in severe penalties or financial losses. Even the late submission of an advance VAT return can be considered tax evasion. Even the employees from the accounting department can be held personally liable in case of violations.

I solve your VAT problems. The establishment and implementation of a tax compliance system can save you from unpleasant additional payments after sales tax audits by the tax office.