VAT brochure
Why VAT matters to your business? Any business buying, selling, investing or employing staff in one or more countries is confronted with indirect taxes, such as VAT (Value Added Tax). VAT is a tax charged on most business-to-business and business-to-consumer transactions throughout the EU (European Union) and in a growing number of other countries. In the Member States of the EU national VAT laws are based on Community legislation.
This brochure sets out some key aspects of the European Value Added Tax system, a sales tax system applicale in all Member States of the European Union and a number of other countries. Knowledge of the VAT system is not only important for companies based in Europe, but also for companies from outside Europe that import, buy and sell goods in Europe.
