How does VAT work? A Practical Guide to How VAT Works in Modern Tax Systems VAT is one of the most common and important taxes in the world. But how does VAT actually work? Let’s take a closer look at what VAT is and how it functions in the real world. We’ll dig into […]
25 Years of Australia’s GST: A Look at Whether 25 Years of Australia’s GST: A Look at Whether Reform Is Needed 25 Years of GST in Australia: Is It Time for an Update? It’s been a quarter of a century since the introduction of the Goods and Services Tax (GST) in Australia, a system that […]
E-Invoicing in Croatia: Mandatory B2B Rollout Croatia Confirms Mandatory B2B E-Invoicing: What Companies Need to Know Croatia has officially confirmed the introduction of mandatory business-to-business (B2B) electronic invoicing beginning 1 January 2026, as part of its sweeping Fiscalization 2.0 reform project. With the Fiscalization Act now passed and published, the initiative is shifting from planning to implementation, bringing […]
UAE: Reciprocity List Updated UAE Reciprocity List Updated: Key Changes and Business Implications The Federal Tax Authority of the United Arab Emirates has updated the list of eligible countries which have reciprocal agreements with the United Arab Emirates to include Switzerland. This brings the total of countries who have reciprocal agreements with the United Arab […]
VAT Fraud: A Comprehensive Guide VAT Fraud Explained: A Comprehensive Guide to Risks and Prevention VAT, or, value added tax, is the main consumption tax in the OECD and a major source of revenue for governments around the world. It’s no surprise that tax authorities take VAT evasion extremely seriously. Tax offices have developed sophisticated technology to […]
Claiming VAT in the consulting industry Consulting Industry VAT Claims: Key Rules, Processes, and Best Practices Fact: your consulting firm has significant cash lying on the table, waiting to be recovered. So, why are so many consulting firms not reclaiming their money when it’s within arm’s reach? Better yet, what would it mean for your […]
Claiming VAT in the pharmaceutical and biotech business Understanding VAT Claims in the Pharmaceutical and Biotech Industry Life science organizations are no strangers to meticulous, precise, complex processes to ensure success. There is zero room for error, including financial planning and management. However, when it comes to VAT (value-added tax) recovery, many pharma and biotech […]
Why are input VAT claimsrejected? Why Your Input VAT Claims Might Be Rejected and How to Fix Them Despite best efforts, many organizations still succumb to the common pitfalls of domestic VAT recovery. Unfortunately, these errors are often only spotted once it’s too late and in the shape of a rejected VAT claim. So, what […]
The Myth of Marketplace Protection: What Sellers Misunderstand When marketplace facilitator laws first came into effect across US states following the 2018 South Dakota v. Wayfair decision, many sellers breathed a sigh of relief. If platforms like Amazon, Shopify, or Etsy were now legally required to collect and remit sales tax on behalf of third-party sellers, […]
Most Finance Teams Using Brex Are Leaving VAT on the Table – Here’s Why For finance leaders managing spend across multiple countries, recoverable VAT is one of the most consistently overlooked sources of working capital. It sits within existing expense data: travel, supplier invoices, intercompany charges, events, and in most cases, it goes unclaimed. […]
Continuous Transaction Controls (CTC): How Real-Time VAT Reporting Works in 2026 Continuous transaction controls are changing VAT compliance from a periodic reporting exercise into a real-time data exchange between businesses and tax authorities. Instead of issuing invoices, storing records, and reporting VAT weeks or months later, businesses in many markets now need to create, validate, […]
Economic Nexus Explained (2026 Update): What European & UK Companies Need to Know After Their First Years Selling in the U.S. For many European and UK companies, economic nexus was a major concern when they first entered the U.S. market. In 2018–2020, the concept was still new, state rules were rapidly evolving, and companies felt […]
6 Best US Sales Tax Compliance Solutions in 2026: An Honest Comparison US Sales Tax compliance is one of the most complex indirect tax challenges businesses face today. With 50 states, thousands of local jurisdictions, and rules that vary by product, customer, and sales channel, managing compliance manually is no longer a viable option for […]
What is Peppol and How Does It Affect Your Business When e-Invoicing As governments accelerate digital tax compliance and mandate structured electronic invoicing, Peppol has become a central framework for how businesses exchange invoices securely and consistently. If your organisation operates across borders or supplies public sector entities, understanding the Peppol network, Peppol e-Invoicing, […]
Top Global VAT Solutions in 2026 As global tax regulations continue to evolve, businesses are facing increasing pressure to manage VAT across multiple jurisdictions. From compliance and reporting to reclaim and e-Invoicing, indirect tax obligations are becoming more complex, more digital and more closely monitored by tax authorities. Selecting the right global VAT […]
9 Best e-Invoicing Compliance Solutions in 2026 As governments accelerate digital tax reform, e-invoicing is no longer a process improvement, it is a legal requirement. From real-time clearance models in Europe to continuous transaction controls emerging across the Middle East, businesses must now implement compliant, scalable and future-ready systems. Selecting from the best e-invoicing […]
e-Invoicing Requirements for B2B Sellers: What You Need to Have in Place As e-Invoicing mandates continue to expand across the globe, businesses can no longer afford to treat compliance as a future issue. For B2B sellers, understanding e-Invoicing requirements is essential to avoiding disruption, reducing risk, and keeping payments moving. In this guide, we break […]
Income Tax vs. GST:How They’re Different Income Tax vs. GST: Understanding the Key Differences What is GST tax exactly? GST, goods and services tax, is a consumption tax that applies to a wide range of goods and services. Like value-added tax (VAT), GST is charged at every stage in the production process. That means that just […]
Singapore drives changes on GST claims for motor cars & more Understanding Singapore’s New GST Rules for Motor Cars and Other Assets 2023 has been a year of change regarding Singapore’s GST rates and scope. The Inland Revenue Authority of Singapore has recently published another update regarding GST claims for motor cars – this time […]
Foreign Registration in Japan and JCT Foreign Business Registration in Japan and Understanding JCT Japan has become renowned for its lucrative business landscape, compelling many foreign companies to travel to Japan for business purposes or one-off events. Although this doesn’t necessarily involve making sales, it still includes a plethora of business-related expenses. Where does VAT […]
This webinar explains how US businesses can identify and recover foreign VAT, breaking down key concepts like reciprocity and showing where refund opportunities are often missed.