You do business overseas but you do not take other VAT rates into account. A substantial tax reassessment follows. VAT rules at home and abroad are complex. With expert tax advice, you know exactly what you need to pay.
VAT: risks and opportunities
Revenue tax is characterized by having varying percentages and numerous exceptions. It may so happen that you are paying too much or too little. In the latter case, there may follow hefty additional tax reassessments. The VAT amount will be even more complicated if you are doing business internationally. Each country has its own VAT rules, including within the EU. You may have to register in multiple countries. The use of appropriate rates, import duties, and any statistical declarations makes doing business abroad complex.
If you do not carry out accurate VAT administration, then afterwards you can be faced with some unpleasant surprises. VAT specialists have accurate knowledge of the in-house VAT rules, for both the Netherlands and abroad. Our services for VAT advice:
- Direct and practical answers to technical questions about VAT
- Streamlining VAT processes
- Consulting and implementation
- Transaction advisory
- Optimization of your tax position
- International VAT advice
Crowe Peak provides subject-specific VAT knowledge in the form of useful advice and practical checks. We explain clearly what the rules mean for you and what steps you can take. We bring the risks into perspective and also seek out the opportunities. Maybe you are entitled to a VAT refund that you were not even aware of. We specialise in all types of businesses and organizations in both the profit and non-profit sector.
Almost every country has different tax rules. If you do business internationally, you need to take into account the local VAT rates, import duties and statistical declarations. All-in-all international tax rules are a complicated matter. Crowe Peak belongs to an international network of VAT specialists in 130 countries. Thanks to our cross-border capacity, we can advise you in more business matters with international advice.