Value-added tax

Value-added tax

Enhance your value-added tax management process

About 160 countries impose some form of value-added tax (VAT), and if you're involved in cross-border trade, Crowe can help you maintain compliance and become more efficient. With Crowe, you also can mitigate the risk of overpayment and underpayment and avoid penalties and interest charges.
VAT podcast

VAT implications 

Weighing the implications of value-added taxation for U.S companies.

General VAT advisory services

Strategy & management
  • Designing an indirect tax strategy to align with business initiatives and corporate tax objectives
  • Creating and implementing a tax assessment framework
  • Developing a tailored model for indirect tax management
  • Analyzing big data, locally and globally, to understand VAT efficiencies
Supply chains
  • Proactively identifying risks associated with setup and modifications of your supply chain
  • Providing root cause analyses of systemic inaccuracies in current processes
  • Optimizing indirect tax efficiencies in your existing supply and distribution chain
  • Assessing VAT and customs aspects of transfer pricing adjustments
Overhead costs
  • Evaluating policies related to VAT incurred on real estate, telecommunications, company cars, professional services, pension funds, and other costs unrelated to your supply chain
  • Providing recommendations to address identified issues and opportunities
  • Calculating VAT recovery on overhead costs
  • Developing bad-debt management strategies
Training
Providing customized training for in-house tax and compliance staff
Mergers & acquisitions
  • Analyzing VAT implications
  • Performing tax due diligence
  • Advising on acquisition and disposition structure
  • Identifying refund opportunities
  • Advising on post-merger issues
  • Integrating VAT processes

VAT recovery services

 
Foreign expenses
  • Uncovering hidden VAT refunds related to travel, conferences, lodging, services from foreign vendors, and importation
Quantifying credits on VAT inputs
  • Confirming that eligible credits are properly captured in enterprise resource planning systems to verify that VAT is not overpaid
Refund filing
  • Preparing and filing local refund claims and negotiating settlements with foreign tax authorities

VAT compliance services

Compliance
  • Registering with local VAT authorities
  • Preparing and filing VAT returns and other VAT-related reports, including intrastate reports and sales listings in the European Union
Audit defense & conflict prevention & resolution
  • Preparing voluntary disclosure
  • Assisting with indirect tax audits and related audit defense processes
  • Supporting tax litigation and VAT appeals procedures

Contact us

Crowe VAT specialists can help you reduce the uncertainty around the tax implications of transactions in and across diverse jurisdictions. Contact us for support in maintaining compliance and enhancing efficiencies.
Daniel E. Megathlin - social
Daniel E. Megathlin
Principal, Indirect Tax Services Leader