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VAT refund abroad

According to a report published by the European Commission, tax administrations receive about 5.5 million refund requests annually, with a total value of €150 billion. The average value of a claim is €28,000.

When your company incurs VAT at home or abroad, questions will undoubtedly be raised about recovering this VAT:

All these practical questions relate to the refund of VAT borne by your company abroad. The rules for VAT refunds are set out in Articles 167 to 192 of the VAT Directive, while the practicalities are unfortunately left partly to the discretion of each Member State.

Source vatdesk.eu

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