The VAT recovery process can be rife with challenges. However, although many of these roadblocks are due to the complex VAT landscape, it’s undeniable that many of these challenges can be attributed to internal organizational pitfalls and liabilities – despite an organization’s valiant efforts.
Naturally, identifying these liabilities hinges on your understanding of the overall VAT treatment for your organization. So, to avoid an ongoing cycle of trial and error, we’re looking into some of the most common VAT liabilities, so you can shake them off once and for all.
Source VATit
