VATIT Webinar: A Technical Guide to VAT Recovery (May 28)

Expanding your footprint globally is a major win, but it usually comes with a 20% “surprise” on every international invoice: Value Added Tax (VAT). Most US organisations see these charges and just chalk them up as an unavoidable cost of doing business. In reality, the global tax system is built on a “Neutrality Principle,” which is essentially a rule stating that businesses aren’t supposed to be the ones actually footing the bill. The secret to getting that cash back is understanding “reciprocity” basically an international handshake that determines if a US-based entity is eligible for a refund.

Cutting through the jargon, this webinar focuses on how US orgs can actually navigate the reclaim world without the headache. The session breaks down the “Credit-Invoice” method and dives into which countries are willing to play ball when it comes to reciprocity. Since the US doesn’t have a federal VAT, a lot of finance teams assume they’re automatically locked out of refunds. That’s a massive myth. Whether it’s hotel bills from a business trip, a huge conference in London, or complex intercompany service fees, there is almost certainly money waiting to be claimed. Participants will learn how to tell a “friendly” jurisdiction from a difficult one and exactly what to look for in their own AP data to spot a recovery opportunity.