Foreign VAT Recovery for Businesses in the USA
If you have a business in the USA, and travel to other countries on business, you should be recovering Foreign VAT (Value Added Tax) on expenses paid. The deadlines for submitting your documents for VAT recovery from the EU and other countries are fast approaching – mostly June 30, and December 31 for UK. This is when many US businesses that travel overseas for business, often drop the ball on foreign VAT reclaim.