The Basics of VAT

This tax training will help you understand the concept of value added tax and how it works. It will provide you simple but powerful tools to improve your global VAT management.

Why Should You Attend:

Value-Added Tax (“VAT” - also “Goods and Services Tax (GST)”) is a tax that is levied on most sales of goods and services in almost every country outside the U.S., with rates varying from 7% to 27%. U.S. companies doing business outside the U.S. are typically confronted with VAT issues or miss VAT opportunities due to inadequate preparation and knowledge.

This webinar will help you understand how VAT works. It will also explain how VAT impacts your business, and provides simple tools and techniques to improve your global VAT management.

Learning Objectives:

Upon completion of this program, participants will be able to:

• Understand the concept of VAT, and how VAT impacts on your organization
• Start to identify potential VAT sensitivities and opportunities within your company’s operations and billing/accounting systems
• Understand that VAT exemptions may be costly, and that recent simplifications in the VAT rules are not necessarily cost-effective

Areas Covered in the Webinar:

• The basics of Value Added Tax
• The importance of VAT for operations outside the U.S.
• Simple techniques for optimizing your VAT position
• Recent developments in the VAT world, including a brief primer on the potential of VAT in the U.S.

Who Will Benefit:

• CFO
• Global Controller
• Global Finance Manager
• Tax Manager
• Global Logistics Manager
• Global Supply Chain Manager
• Global Business Development Manager
• Staff with roles and responsibilities in global logistics, supply chain planning, global business development