Info Session: VAT implications on cross border trade

In today’s increasingly globalized economy, businesses engaged in cross-border trade need to understand the taxation implications of their transactions. Value-added tax (VAT) is a crucial consideration, as it can affect the costs and profitability of cross-border trade. In addition, choosing the right Incoterms for the transaction can help businesses manage their VAT liability and be more VAT efficient.

During this info session, we will explore the fundamentals of VAT, including the concept of a taxable person and the place of supply general regulations focusing on goods. We will also delve into the world of Incoterms, understanding what they are, how they work, and their impact on VAT liability. Finally, we will discuss common mistakes businesses make when using Incoterms and how to avoid them.

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