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 presentation focuses on how U.S. companies should address VAT. The discussion will start with VAT basics, highlight the importance of strategic VAT management and will address solutions to some typical VAT pitfalls.
The objectives of this 60 minute web-enabled seminar include providing participants with a conceptual understanding and practical application of the following:
Upon completion of this program, participants will be able to:
Mark Houtzager (firstname.lastname@example.org) is a U.S.-based consultant and thought leader on Value Added Tax and Customs, with 20 years of hands-on experience in supporting U.S. companies with the transaction tax impact of their non-U.S. operations. He has been sharing his VAT knowledge through web- and podcasts, and through numerous articles in practical and academic publications. His latest essay, on the use of technology in a potential VAT in the U.S., is scheduled for publication in January 2011.
Originally from the Netherlands, Houtzager has been working in various European countries and in Singapore for a Big 4 accounting firm, before settling in the U.S. in 2001. Recently he started his own consulting firm: US VAT, Inc. Please refer to www.us-vat.com for more information.