SAP Concur Blog·· 2022-06-29
How to Reclaim More VAT on Corporate Travel Expenses
How to Reclaim More Value Added Tax on Corporate Travel Expenses
AI Overview
SAP Concur blog post discusses VAT recovery on corporate travel expenses. It cites GBTA data that over 480 million business trips are taken annually and notes a €137 billion VAT gap in the EU. The article recommends using automation and digitalization to improve VAT compliance and recovery efficiency, citing examples of Electrolux and Citrix Systems achieving significant VAT recovery increases through automation.
Source:SAP Concur Blog · concur.com