VAT Reclaim

Value Added Tax is a consumption tax added to most goods and services in many countries around the world. The national tax systems of Europe, Canada, Japan and Australia allow most non-resident business entities, worldwide, to a refund of VAT. Value Added Tax is called different in different countries. In Canada is called GST and JCT in Japan. The refund rules vary from country to country. Most North American business entities will qualify for a refund. Sometimes, VAT registration may be necessary in order to get the refund.

Eligible Items
The VAT rates vary from country to country, and are currently 6 - 25% in Europe, 6% in Canada, 5% in Japan and 10% in Australia.

Typical Recoverable Expenses are:
· Hotel and Transportation
· Trade Shows and Conferences
· Movie and TV Production
· Inter-Company (travel, delegation, services, seminars)
· Import VAT, Logistics, and Warranty Products
· Drop-shipping, Installation and Maintenance Contracts
· Global Contracts
· Telecom and Network Services
· Professional Fees and Marketing
· Research and Development

Reclaim Process
To obtain a refund, a company must submit original VAT invoices to the tax authorities where the expenditure was incurred. Official application forms in the local language of the country must be completed and submitted along with the original invoices.

Euro VAT Refund makes it convenient for your firm to collect the refunds and manage VAT registration when required. We take care of local tax authorities, and understand their unique requirements and customs. All claims are processed in our Los Angeles office to ensure that our clients are serviced by account managers that have “on-hand” knowledge of their actual claims.

We have the necessary forms and procedures to expedite your claims for prompt and maximized payment, and help you to structure for future refunds.

We will help you understand how to deal with the very complex VAT rules that are in place in over 100 countries worldwide.

VAT Reclaim Schedule

The above rates are examples as of January 2007. Additional EU members have substantial reclaimable VAT on non-travel expenses.