- Supply chain optimization aims to improve efficiency and competitiveness.
- Supply chain includes all processes from sourcing raw materials to delivering products to customers.
- Optimizing the supply chain reduces costs and improves production and delivery times.
- VAT risks can nullify savings achieved through supply chain optimization.
- Implementing a new local purchase-resale flow abroad can create VAT obligations.
- Poor understanding of Incoterms can lead to VAT liabilities and administrative burdens.
- Setting up storage at a foreign subsidiary can trigger VAT obligations.
Source: vat-solutions.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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