A Value Added Tax is imposed by nearly all countries outside of the United States and can apply to any organization, trade or business with international activities/transactions, such as buying or selling tangible services, importing goods or services into a VAT jurisdiction or intercompany supplies with an affiliate in a VAT jurisdiction.
Source: Andersen
Latest Posts in "United States"
- How intellectual property payments impact US tariffs on goods
- Navigating Multi-State Sales Tax Requirements for Philadelphia Businesses: Key Challenges and Solutions
- Washington Expands Sales Tax to Professional Services: Key Changes and Compliance Strategies for 2025
- US imposes additional tariffs on India for buying oil from Russia
- EU proposes tariff reductions to implement EU-US deal
