Innovative Technology, World Class Expertise
Taxback International combines innovative technology, deep industry expertise and value-added partnerships to deliver comprehensive VAT solutions that maximise your VAT reclaim while minimising your risks, so you can focus on growing your business.
We eliminate your VAT burden completely while providing real-time visibility every step of the way, making compliance and recovery effortless for our clients.
“Taxback International transformed our VAT Recovery process increasing our reclaim 10 fold in just two years.”
“Without Taxback International and their technology, we wouldn’t be where we are today”
“I don’t invest an hour a month to this… It’s so easy that I sometimes forget it’s working behind the scenes and putting money back into our bottom line.”
Foreign and Domestic VAT Reclaim
VAT reclaim is a highly complex process, subject to continually changing rules and legislation. VAT rates range from 5 – 27% in over 126 countries across the globe, each with different sets of rules, deadlines and filing requirements. If one piece of data is missing or inaccurate, the entire claim is denied, – with large financial penalties for non-compliance. When the stakes are this high, you need technology and expertise you can rely on for all of your VAT requirements.
VAT Reclaim Challenges
Complex and diverse VAT legislation
- It is company policy to keep original invoices and receipts however the majority of these invoices are incompliant for VAT Reclaim.
Lack of time and VAT expertise
- We do not have the in-house expertise to reclaim VAT on travel and expenses.
- We do not know how much VAT we have to reclaim and whether it merits further investigation.
Nonsensical VAT Rules
- International VAT is complex and time-consuming.
How it works?
Using our proprietary software, Integrated Data Capture module, we automatically connect to your expense management system to identify and extract the data required quickly and accurately. Allowing us to automatically process the data for submission to the tax authorities.
Integration with EMS and Corporate Card technologies.
We understand different companies and often their entities can have different EMS systems or corporate cards programs and even different banks throughout your global business. Some offices will use an OBT and others will have relationships with a TMC. Because your business is constantly growing and evolving, we make sure our solution integrates seamlessly at every touchpoint along the way. So no matter what combination of technologies you use, we handle it all in one solution.
We reclaim VAT for you worldwide from a range of expenses such as:
- Trade fair and conference costs,
- Meals, accommodation and business entertainment,
- Travel and transport costs,
- Advertising and promotional costs,
- Professional services,
- Inter-company expenses,
- And many additional expenses.
Your teams operate around the world in different time zones, languages and currencies. You need a VAT reclaim solution that does too.
Taxback International provides a global reclaim solution on corporate travel expenses that supports numerous currency, language and international tax requirements. Data can be reported in different language, date and currency formats. Our VATConnect platform also handles complex international tax jurisdictions such as VAT, GST, PST, HST, and FBT.