Value Added Tax (VAT) is a tax levied on the supply of goods and services in almost every country outside the U.S. Companies with operations outside the U.S. need to understand how VAT works, how to comply with the diverse VAT rules and how to ensure that VAT does not become a cost of doing business. This recorded webinar focuses on how U.S. companies should address VAT. The discussion starts with VAT basics, highlights the importance of strategic VAT management and addresses solutions to some typical VAT pitfalls.
This is a recorded webinar that originally ran live on September 18, 2012. As an eLearning course, you must pass the final exam of this course to receive CPE credit.
Course Level: Intermediate
Course Prerequisites: None
Delivery Method: Self-study
After completing this course, you 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; and
• Understand that VAT exemptions may be costly, and that recent simplifications in the VAT rules are not necessarily cost-effective.
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