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Taxback International and SAP Concur Partner to Automate VAT Reclaim

1reports1reporting sources2022-06-29Update

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VAT reclaim involves cross-border compliance and cash flow. For multinational companies, automating reclaim and tracking regulatory changes can reduce compliance risk and potentially recover significant funds.

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6月29日
  1. SAP Concur Blog
    Taxback International and SAP Concur Partner to Automate VAT Reclaim

    Taxback International, the first technology partner to integrate with SAP Concur to automate the entire VAT reclaim process, continues to innovate for efficiency, visibility, and regulatory compliance. The article highlights the U.S. Tax Cuts and Jobs Act limits on meals and entertainment deductions, post-Brexit uncertainty for UK VAT reclaim, and the EU's 2021 e-commerce VAT rules. Taxback International's cloud software adapts to changing rules, helping companies manage compliance risk and optimize reclaim.